Equilibrium models, dynamic stochastic general equilibrium models (DSGE models)

Linguistically unattractive term for – assumptions about the interrelationships of economic variables, in the course of which – in particular the expectations of market participants are taken into account. – Thus, one moves here from microeconomics to macroeconomics and avoids the mistake of transferring relationships derived from the past into the future. For central banks, this procedure is important for forward-looking monetary policy, where it has also been refined. – See key data, macroeconomic, Elizabeth question, monetary policy, forward-looking, models, monetary policy, thrift rule. VAR model. – Cf. Deutsche Bundesbank Monthly Report of July 2008, pp. 33 et seq. (detailed presentation; many literature references; overviews), ECB Monthly Report of May 2013, p. 77 (policy article on the reliability of macroeconomic projections; many overviews; literature references).

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/

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