analyze dsge models with matlab
dynamic stochastic general equilibrium (dsge) is a macroeconomic model that facilitates macroeconomic analysis and policy making in central banks, as well as government and nongovernmental organizations (ngos). dsge models, such as the european central bank’s smets-wouters framework, perform time-based macroeconomic general equilibrium analysis of interactions between economic variables.
common tasks for central bank economists to develop and analyze dsge models and create fan charts include:
- running estimations and computing the steady state of nonlinear models
- applying bayesian statistical techniques
- performing general equilibrium modeling
popular tools include matlab®, optimization toolbox™, statistics and machine learning toolbox™, symbolic math toolbox™, , and .
examples and how to
software reference
see also: econometrics and economics, monte carlo simulation, analytical solution, time series regression, systemic risk