Zobrazeno 1 - 10
of 17
pro vyhledávání: '"Hirokuni Iiboshi"'
Autor:
Yasuharu Iwata, Hirokuni IIboshi
Publikováno v:
Oxford Bulletin of Economics and Statistics.
Publikováno v:
Local Government Studies. :1-22
Publikováno v:
Journal of Money, Credit and Banking. 54:1637-1671
Publikováno v:
Journal of Asian Economics. 60:45-68
Using a Markov-switching prediction-pooling method ( Waggoner & Zha, 2012 ) for density forecasts, we compare the time-varying forecasting performance of a DSGE model incorporating a financial accelerator a la Bernanke, Gertler, and Gilchrist (1999)
We incorporate two structural shocks associated with balance sheets of both the financial and nonfinancial firms in a medium scale New Keynesian dynamic stochastic general equilibrium (DSGE) model. The structural shocks in the model are assumed to po
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::fce6fd6081f057a069fc31751592a2d1
http://www.intechopen.com/articles/show/title/source-of-the-great-recession
http://www.intechopen.com/articles/show/title/source-of-the-great-recession
Publikováno v:
Japan and the World Economy. 46:9-28
In this paper we incorporate endogenous productivity growth into a medium-scale new Keynesian dynamic stochastic general equilibrium (DSGE) model, to which a new shock regarding R&D activities is added. By matching the model parameters to the Japanes
Autor:
Hirokuni Iiboshi
Publikováno v:
Japan and the World Economy. 40:1-8
I propose a Bayesian VAR model with added priors from a combination of multiple DSGE models. The prior of the combination of multiple DSGE models improves the marginal likelihood of the DSGE-VAR with respect to a single DSGE model. This approach migh
Autor:
Hirokuni Iiboshi
Publikováno v:
Economic Modelling. 52:186-205
I extend a simple new Keynesian model with the Markov switching type Taylor rule introduced by Davig and Leeper (2007) by incorporating the constraint of the zero lower bound (ZLB), using the concept and algorithms of the stochastic rational expectat
Publikováno v:
SSRN Electronic Journal.
We estimate a small-scale macroeconomic model for Japan by taking into account the nonlinearity stemming from the zero lower bound (ZLB) of the nominal interest rate. To this end, we apply the Sequential Monte Carlo Squared method to the case of Japa
Publikováno v:
Journal of the Japanese and International Economies. 36:25-55
A dynamic factor model (DFM), widely used in empirical research in macroeconomics, shows that common factors extracted from large panel data sets are key factors behind the fluctuations of primal macroeconomic series. Boivin and Giannoni (2006) and K