DYNIMO - Version III. A DSGE model of the Icelandic economy

Stefán Thórarinsson

Economics from Department of Economics, Central bank of Iceland

Abstract: This handbook describes the third version of DYNIMO, the Central Bank of Iceland’s dynamic stochastic general equilibrium model. Derivations from first principles to final equations are presented. In addition, the more advanced mathematical tools needed for the derivations are stated and their validity motivated. Subsequently, we estimate the model on Icelandic data over the period 2011Q1-2019Q4. Finally, evaluation of the model’s properties is performed.

JEL-codes: C32 C51 F41 (search for similar items in EconPapers)
Date: 2020-12
New Economics Papers: this item is included in nep-cmp and nep-dge
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.cb.is/library/Skraarsafn---EN/Working-Papers/WP_84.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ice:wpaper:wp84

Access Statistics for this paper

More papers in Economics from Department of Economics, Central bank of Iceland Contact information at EDIRC.
Bibliographic data for series maintained by Central Bank of Iceland ( this e-mail address is bad, please contact ).