Macroeconomics (Fourth Edition)
4th Edition
ISBN: 9780393603767
Author: Charles I. Jones
Publisher: W. W. Norton & Company
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Question
Chapter 15, Problem 1RQ
To determine
The concept of DSGE.
Expert Solution & Answer
Explanation of Solution
The term DSGE stands for Dynamic Stochastic General Equilibrium. The DSGE is an econometric model that is used to explain economic phenomenon, such as the impact of economic policies, business cycle or
Economics Concept Introduction
DSGE (Dynamic Stochastic General Equilibrium) model: The DSGE is an econometric model that is used to explain economic phenomenon, such as the impact of economic policies, business cycle, or economic growth and so on, the basis of general equilibrium.
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Chapter 15 Solutions
Macroeconomics (Fourth Edition)
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