Powered by OpenAIRE graph
Found an issue? Give us feedback
addClaim

Confrontando un modelo DSGE con los datos (Confronting DSGE Model with Data)

Authors: Alfredo Villca;

Confrontando un modelo DSGE con los datos (Confronting DSGE Model with Data)

Abstract

Spanish Abstract: En este documento intentamos responder a una cuestion clave en la modelacion macroeconomica ?Que tanto reproduce un modelo estocastico de equilibrio general los datos? Para responder esta pregunta usamos tres tipos de tecnicas. Primero, comparamos los momentos estadisticos del modelo con los datos. Segundo, efectuamos una simulacion de los ciclos. Tercero, comparamos las impulso-respuesta del modelo DSGE con las de un modelo SVAR. Adicionalmente, se estima el modelo usando m´etodos bayesianos. Tomando en cuenta datos de Estados Unidos durante 1950-2019, el modelo replica relativamente bien el comportamiento de los datos, aunque se observan ciertas diferencias en cuanto a las magnitudes. English Abstract: In this document we try to answer a key question in macroeconomic modeling. How much does a stochastic model of general equilibrium reproduce the data? To answer this question we use three metrics. First, we compare the statistical moments of the model with the data. Second, we perform a simulation of the cycles. Third, we compare the impulse-response of the DSGE model with those of an SVAR model. Additionally, the model is estimated using Bayesian methods. Taking into account data from the United States, on a quarterly frequency (1950-2019), the model replicates the behavior of the data relatively well, although certain di erences in magnitudes are observed.

Related Organizations
  • BIP!
    Impact byBIP!
    selected citations
    These citations are derived from selected sources.
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    0
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
Powered by OpenAIRE graph
Found an issue? Give us feedback
selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Upload OA version
Are you the author of this publication? Upload your Open Access version to Zenodo!
It’s fast and easy, just two clicks!