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Bayesian Estimation of a Small Open Economy DSGE Model for Azerbaijan: DSGE Model for Azerbaijan - Softcover
Synopsis
This paper develops and estimates a Dynamic Stochastic General Equilibrium (DSGE) model for the Azerbaijan economy. The model incorporates with open economy features such as habit formation and cost of adjustment in capital accumlation. The model has five types of economic agents: households, firms, aggregators, the rest of the world and the government. It includes a number of shocks and frictions. The model is estimated with Bayesian techniques using thirteen macro economic variables: GDP inflation, private consumption good inflation, investment good inflation, real wages, real private consumption, real investment, real GDP, employment, real exports, real imports, nominal interest rate, foreign real GDP and foreign nominal interest rate. The main aim of the paper is to estimate various specifications of a small open economy model in order to determine the model which provides a better fit of Azerbaijan economy.
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About the Author
Ali A. Ahmadov, MA: Studied Economics at Central European University. Leading specialist of Business Planning and Budgeting Department at VTB Bank (Azerbaijan).
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- PublisherLAP LAMBERT Academic Publishing
- Publication date2012
- ISBN 10 3846587443
- ISBN 13 9783846587447
- BindingPaperback
- LanguageEnglish
- Number of pages64
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Bayesian Estimation of a Small Open Economy DSGE Model for Azerbaijan
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LAP LAMBERT Academic Publishing Feb 2012, 2012
ISBN 10: 3846587443
ISBN 13: 9783846587447
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Seller: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, Germany
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Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -This paper develops and estimates a Dynamic Stochastic General Equilibrium (DSGE) model for the Azerbaijan economy. The model incorporates with open economy features such as habit formation and cost of adjustment in capital accumlation. The model has five types of economic agents: households, firms, aggregators, the rest of the world and the government. It includes a number of shocks and frictions. The model is estimated with Bayesian techniques using thirteen macro economic variables: GDP inflation, private consumption good inflation, investment good inflation, real wages, real private consumption, real investment, real GDP, employment, real exports, real imports, nominal interest rate, foreign real GDP and foreign nominal interest rate. The main aim of the paper is to estimate various specifications of a small open economy model in order to determine the model which provides a better fit of Azerbaijan economy. 64 pp. Englisch. Seller Inventory # 9783846587447
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Bayesian Estimation of a Small Open Economy DSGE Model for Azerbaijan : DSGE Model for Azerbaijan
Published by
LAP LAMBERT Academic Publishing, 2012
ISBN 10: 3846587443
ISBN 13: 9783846587447
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Taschenbuch
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Taschenbuch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - This paper develops and estimates a Dynamic Stochastic General Equilibrium (DSGE) model for the Azerbaijan economy. The model incorporates with open economy features such as habit formation and cost of adjustment in capital accumlation. The model has five types of economic agents: households, firms, aggregators, the rest of the world and the government. It includes a number of shocks and frictions. The model is estimated with Bayesian techniques using thirteen macro economic variables: GDP inflation, private consumption good inflation, investment good inflation, real wages, real private consumption, real investment, real GDP, employment, real exports, real imports, nominal interest rate, foreign real GDP and foreign nominal interest rate. The main aim of the paper is to estimate various specifications of a small open economy model in order to determine the model which provides a better fit of Azerbaijan economy. Seller Inventory # 9783846587447
Quantity: 1 available
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Bayesian Estimation of a Small Open Economy DSGE Model for Azerbaijan
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LAP LAMBERT Academic Publishing, 2012
ISBN 10: 3846587443
ISBN 13: 9783846587447
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Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Ahmadov AliAli A. Ahmadov, MA: Studied Economics at Central European University. Leading specialist of Business Planning and Budgeting Department at VTB Bank (Azerbaijan).This paper develops and estimates a Dynamic Stochastic Gen. Seller Inventory # 5501490
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Bayesian Estimation of a Small Open Economy DSGE Model for Azerbaijan
Published by
LAP LAMBERT Academic Publishing Feb 2012, 2012
ISBN 10: 3846587443
ISBN 13: 9783846587447
New
Taschenbuch
Seller: buchversandmimpf2000, Emtmannsberg, BAYE, Germany
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Taschenbuch. Condition: Neu. Neuware -This paper develops and estimates a Dynamic Stochastic General Equilibrium (DSGE) model for the Azerbaijan economy. The model incorporates with open economy features such as habit formation and cost of adjustment in capital accumlation. The model has five types of economic agents: households, firms, aggregators, the rest of the world and the government. It includes a number of shocks and frictions. The model is estimated with Bayesian techniques using thirteen macro economic variables: GDP inflation, private consumption good inflation, investment good inflation, real wages, real private consumption, real investment, real GDP, employment, real exports, real imports, nominal interest rate, foreign real GDP and foreign nominal interest rate. The main aim of the paper is to estimate various specifications of a small open economy model in order to determine the model which provides a better fit of Azerbaijan economy.Books on Demand GmbH, Überseering 33, 22297 Hamburg 64 pp. Englisch. Seller Inventory # 9783846587447
Quantity: 2 available