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

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- Post ID: 592987
- Modified: 2023-07-25T21:00:37+00:00
- Language: en

## Definition

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). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! 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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