Variantes en univers incertain
Stéphane Adjemian,
Christophe Cahn,
Antoine Devulder and
Nicolas Maggiar
Economie & Prévision, 2008, vol. n° 183-184, issue 2, 223-238
Abstract:
The authors illustrate the usefulness of the Bayesian approach in economic-policy assessment, which typically relies on simulations. We describe a dynamic stochastic general equilibrium (DGSE) model for the euro zone. The Bayesian estimation of the modelmeasures parameter-related uncertainty,which translates into simulation-related uncertainty.We offer a practical application by simulating the impact of a tax policy: an announced VAT shock.
Keywords: DSGE; euro zone; nominal rigidities; Bayesian estimation (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations: View citations in EconPapers (4)
Downloads: (external link)
http://www.cairn.info/load_pdf.php?ID_ARTICLE=ECOP_183_0223 (application/pdf)
http://www.cairn.info/revue-economie-et-prevision-1-2008-2-page-223.htm (text/html)
free
Related works:
Working Paper: Variantes en Univers Incertain (2009) 
Journal Article: Variantes en univers incertain (2008) 
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:cai:ecoldc:ecop_183_0223
Access Statistics for this article
More articles in Economie & Prévision from La Documentation Française
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().