Fiscal volatility and foresight in a closed economy DSGE model

Motivated by the observed effect of uncertainty regarding the country’s fiscal policy, the main objective of this paper is to develop a New Keynesian DSGE model that features both fiscal uncertainty and fiscal foresight and through simulations, analyze the effects of a fiscal uncertainty shock on th...

وصف كامل

محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Ledesma, John Ryan G.
التنسيق: text
اللغة:English
منشور في: Animo Repository 2019
الموضوعات:
الوصول للمادة أونلاين:https://animorepository.dlsu.edu.ph/etd_masteral/6403
https://animorepository.dlsu.edu.ph/context/etd_masteral/article/13463/viewcontent/MS_Thesis___DLSU_Format2.pdf
الوسوم: إضافة وسم
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المؤسسة: De La Salle University
اللغة: English
الوصف
الملخص:Motivated by the observed effect of uncertainty regarding the country’s fiscal policy, the main objective of this paper is to develop a New Keynesian DSGE model that features both fiscal uncertainty and fiscal foresight and through simulations, analyze the effects of a fiscal uncertainty shock on the economy. -150 -100 -50 0 50 100 150 200 250