TY - BOOK ID - 30725505 TI - DSGE models in macroeconomics AU - Balke, Nathan S AU - Canova, Fabio AU - Milani, Fabio AU - Wynne, Mark A PY - 2012 SN - 128386892X 1781903069 9781781903063 1781903050 9781781903056 PB - Bingley, U.K. Emerald DB - UniCat KW - Macroeconomics. KW - Econometrics. KW - Economics, Mathematical KW - Statistics KW - Economics KW - Macroeconomics KW - Equilibrium (Economics) KW - Econometrics KW - E-books KW - DGE (Economics) KW - Disequilibrium (Economics) KW - DSGE (Economics) KW - Dynamic stochastic general equilibrium (Economics) KW - Economic equilibrium KW - General equilibrium (Economics) KW - Partial equilibrium (Economics) KW - SDGE (Economic theory) KW - Statics and dynamics (Social sciences) KW - Business & Economics KW - Economics. UR - https://www.unicat.be/uniCat?func=search&query=sysid:30725505 AB - This volume of Advances in Econometrics contains articles that examine key topics in the modeling and estimation of dynamic stochastic general equilibrium (DSGE) models. Because DSGE models combine micro- and macroeconomic theory with formal econometric modeling and inference, over the past decade they have become an established framework for analyzing a variety of issues in empirical macroeconomics. The research articles make contributions in several key areas in DSGE modeling and estimation. In particular, papers cover the modeling and role of expectations, the study of optimal monetary policy in two-country models, and the problem of non-invertibility. Other interesting areas of inquiry include the analysis of parameter identification in new open economy macroeconomic models and the modeling of trend inflation shocks. The second part of the volume is devoted to articles that offer innovations in econometric methodology. These papers advance new techniques for addressing major inferential problems and include discussion and applications of Laplace-type, frequency domain, empirical likelihood and method of moments estimators. ER -