Dynamic stochastic general equilibrium model in international finance : inflation inertia in a small open economy model

• Main Author: Teo, Jansen Tiu.
• Other Authors: Joseph Dennis Alba
• Format: Final Year Project
• Language: English
• Published: 2009
• Subjects: DRNTU::Engineering::Mathematics and analysis
• Online Access: http://hdl.handle.net/10356/17860
• Institution: Nanyang Technological University

The dynamic stochastic general equilibrium (DSGE) framework of an economy allows researchers to simulate and estimate, in response to a shock, the dynamic interplay of hundreds of variables in an economy. In particular, understanding the dynamic effects of a shock on aggregate inflation is of paramo...