Dynare Working Papers

  1. Stéphane Adjemian, Michel Juillard (2025), “Stochastic Extended Path” (source)
  2. Sami Diaf, Ahmed Zakane (2025), “Policy Mix in An Oil Exporting Country: Effectiveness of Countercyclical Measures in Mitigating External Shocks” (source)
  3. Stefan Girstmair (2024), “Determinacy in Multi-Country DSGE Models: The Role of Pricing Paradigms and Economic Openness” (source)
  4. Ivan Jaccard (2024), “Monetary Asymmetries without (and with) Price Stickiness
  5. Stéphane Adjemian, Michel Juillard, Fréderic Karamé, Willi Mutschler, Johannes Pfeifer, Marco Ratto, Normann Rion, Sébastien Villemot (2024), “Dynare: Reference Manual, Version 6
  6. Louis Henri Ngah Ntiga, Laureine Badjeck Mvondo (2023), “Impact de la guerre russo-ukrainienne sur le cours des produits de base exportés par les pays de la CEMAC
  7. Gaygysyz Guljanov, Willi Mutschler, Mark Trede (2022), “Pruned Skewed Kalman Filter and Smoother: With Application to the Yield Curve
  8. Thomson Kumwenda, Ronald Mangani, Jacob Mazalale, Exley Silumbu (2022), “Credit-Supply Factors and Malawian Business Cycles
  9. Louis Henri Ngah Ntiga (2022), “Estimation Bayésienne d’un modèle DSGE des effets de la politique budgétaire sur l’économie camerounaise” (source)
  10. Ginters Bušs, Patrick Grüning, Oļegs Tkačevs (2022), “Choosing the European Fiscal Rule
  11. Pablo Nebbi Rivera Moreno, Karol Lorena Triana Montaño (2022), “Central Bank Digital Currency in a Developing Economy: A Dynamic Stochastic General Equilibrium Analysis
  12. Thomson Nelson Kumwenda (2022), “Fiscal Multipliers and Evidence on Effectiveness of Fiscal Policy in Malawi
  13. Stéphane Adjemian, Houtan Bastani, Michel Juillard, Fréderic Karamé, Ferhat Mihoubi, Willi Mutschler, Johannes Pfeifer, Marco Ratto, Normann Rion, Sébastien Villemot (2022), “Dynare: Reference Manual Version 5
  14. Stéphane Adjemian, Frédéric Karamé, François Langot (2021), “Nonlinearities and Workers’ Heterogeneity in Unemployment Dynamics
  15. Eiji Okano, Masataka Eguchi (2021), “The Effects of Money-financed Fiscal Stimulus in a Small Open Economy” (source)
  16. Siméon Koffi (2021), “Analyse de la politique budgétaire en Côte d’ivoire à partir d’une estimation Bayésienne d’un modèle d'Equilibre Général Dynamique Stochastique (DSGE)” (source)
  17. M’pya Banza Mukalay (2021), “Efficacité de la politique budgétaire en RDC” (source)
  18. Jonathan Benchimol, Lahcen Bounader (2021), “Optimal Monetary Policy Under Bounded Rationality
  19. Hénock M. Katuala (2021), “Frictions financières et Dynamique macroéconomique : Examen des régularités cycliques” (source)
  20. Thierry Mvondo (2021), “Stabilisation et relance macroéconomiques post COVID-19 dans la CEMAC : Quels instruments pour quels effets dans un modèle DSGE ?” (source)
  21. Gilles Bertrand Umba, Yves Siasi, Grégoire Lumbala (2020), “Leçons macroéconomiques de la Covid-19: une analyse pour la RDC
  22. Gilles Bertrand Umba (2020), “Choc externes et activité économique en RD Congo : une analyse en équilibre général dynamique et stochastique (DSGE)
  23. Augusto Aliaga Miranda (2020), “Monetary policy rules for an open economy with financial frictions: A Bayesian approach” (source)
  24. Deaha Cho, Yoonshin Han, Joonseok Oh, Anna Rogantini Picco (2020), “Optimal Monetary Policy and Uncertainty Shocks” (source)
  25. Jonathan Benchimol, Sergey Ivashchenko (2020), “Switching Volatility in a Nonlinear Open Economy
  26. Phuong Van Nguyen (2020), “Evaluating the forecasting accuracy of the closed- and open economy New Keynesian DSGE models
  27. Dániel Baksa, Zsuzsa Munkácsi (2020), “More Gray, More Volatile? Aging and (Optimal) Monetary Policy
  28. Gilles Bertrand Umba (2020), “Estimation bayésienne d’un modèle DSGE pour une petite économie ouverte : Cas de la RD Congo
  29. Phuong Van Nguyen (2020), “The Vietnamese business cycle in an estimated small open economy New Keynesian DSGE model
  30. Giovanni Di Bartolomeo, Marco Di Pietro (2020), “Intrinsic persistence of wage inflation in New Keynesian models of the business cycles
  31. Giovanni Di Bartolomeo, Marco Di Pietro, Bianca Giannini (2020), “Optimal monetary policy in a New Keynesian model with heterogeneous expectations
  32. Pablo Aguilar, Stephan Fahr, Eddie Gerba, Samuel Hurtado (2020), “Quest for Robust Optimal Macroprudential Policy
  33. Aldo Rodríguez (2020), “Estimación Bayesiana de un Modelo de Economía Abierta con Sector Bancario” (source)
  34. Benjamin Born, Johannes Pfeifer (2016), “The New Keynesian Wage Phillips Curve: Calvo vs. Rotemberg
  35. Johannes Pfeifer (2016), “Macroeconomic Effects of Financial Shocks: Comment
  36. Aliya Algozhina (2016), “Monetary Policy Rule, Exchange Rate Regime, and Fiscal Policy Cyclicality in a Developing Oil Economy
  37. Mihai Copaciu, Valeriu Nalban, Cristian Bulete (2015), “R.E.M. 2.0, An estimated DSGE model for Romania
  38. Yuan Yang, Lu Wang (2015), “An Improved Auxiliary Particle Filter for Nonlinear Dynamic Equilibrium Models” (source)
  39. Tae-Seok Jang (2015), “Animal Spirits in Open Economy: An Interaction-Based Approach to Bounded Rationality” (data)
  40. Ginters Buss (2015), “Search-and-matching frictions and labor market dynamics in Latvia” (source)
  41. Viktors Ajevskis (2015), “Semi-Global Solutions to DSGE Models: Perturbation around a Deterministic Path” (source)
  42. Tim Schwarzmüller, Maik H. Wolters (2015), “The Macroeconomic Effects of Fiscal Consolidation in Dynamic General Equilibrium
  43. Ginters Buss (2015), “Financial frictions in a DSGE model for Latvia” (source)
  44. Iskrev Nikolay (2014), “Choosing the variables to estimate singular DSGE models: Comment” (source)
  45. Marcin Kolasa, Michał Rubaszek (2014), “Forecasting with DSGE models with financial frictions
  46. Benjamin Born, Johannes Pfeifer (2014), “Risk Matters: A Comment
  47. Jean-Paul Kimbambu Tsasa Vangu (2014), “Diagnostic de la politique monétaire en Rép. Dém. Congo – Approche par l’Equilibre Général Dynamique Stochastique
  48. William Tayler, Roy Zilberman (2014), “Macroprudential Regulation and the Role of Monetary Policy
  49. Celso José Costa Junior, Armando Vaz Sampaio (2014), “Tax Reduction Policies of the Productive Sector and Its Impacts on Brazilian Economy” (source)
  50. Jeffrey Sheen, Ben Z. Wang (2014), “An Estimated Small Open Economy Model with Labour Market Frictions
  51. Mariano Kulish, Adrian Pagan (2014), “Estimation and Solution of Models with Expectations and Structural Changes” (source)
  52. Rossana Merola (2014), “The role of financial frictions during the crisis: an estimated DSGE model” (source)
  53. Ivashchenko Sergey (2014), “Estimating nonlinear DSGE models with moments based methods” (source)
  54. Hui He, Kevin X. D. Huang, Sheng-Ti Hung (2014), “Are Recessions Good for Your Health? When Ruhm Meets GHH
  55. Jonas E. Arias, Juan F. Rubio-Ramírez, Daniel F. Waggoner (2014), “Inference Based on SVARs Identified with Sign and Zero Restrictions: Theory and Applications
  56. Tae-Seok Jang, Eiji Okano (2013), “Productivity shocks and monetary policy in a two-country model
  57. Ichiro Muto, Nao Sudo, Shunichi Yoneyama (2013), “Productivity Slowdown in Japan’s Lost Decades: How Much of It is Attributed to Financial Factors?
  58. Michał Brzoza-Brzezina, Marcin Kolasa, Krzysztof Makarski (2013), “A penalty function approach to occasionally binding credit constraints
  59. Simone Meier (2013), “Financial Globalization and Monetary Transmission
  60. George Perendia, Chris Tsoukis (2012), “The Keynesian multiplier, news and fiscal policy rules in a DSGE model
  61. Alessandro Flamini, Guido Ascari, Lorenza Rossi (2012), “Industrial Transformation, Heterogeneity in Price Stickiness, and the Great Moderation
  62. Margarita Rubio, José A. Carrasco-Gallego (2012), “Macroprudential Measures, Housing Markets, and Monetary Policy
  63. Guido Traficante (2012), “Uncertain potential output: implications for monetary policy in small open economy
  64. Paolo Gelain, Kevin J. Lansing, Caterina Mendicino (2012), “House Prices, Credit Growth, and Excess Volatility: Implications for Monetary and Macroprudential Policy
  65. Federico Di Pace, Matthias S. Hertweck (2012), “Labour Market Frictions, Monetary Policy and Durable Goods
  66. Christian Matthes, Francesca Rondina (2012), “Two-sided Learning in New Keynesian Models: Dynamics, (Lack of) Convergence and the Value of Information
  67. Cristina Fuentes-Albero (2012), “Financial Frictions, Financial Shocks, and Aggregate Volatility
  68. Sébastien Villemot (2012), “Accelerating the resolution of sovereign debt models using an endogenous grid method” (source)
  69. Michal Andrle (2012), “Understanding DSGE Filters in Forecasting and Policy Analysis
  70. Guillermo J. Escudé (2012), “A DSGE model for a SOE with Systematic Interest and Foreign Exchange policies in which policymakers exploit the risk premium for stabilization purposes” (source)
  71. Hong Lan, Alexander Meyer-Gohde (2012), “Existence and Uniqueness of Perturbation Solutions in DSGE Models
  72. Matthieu Charpe, Stefan Kühn (2012), “Bargaining, Aggregate Demand and Employment” (source)
  73. Christoph Görtz, John D. Tsoukalas (2012), “News and Financial Intermediation in Aggregate and Sectoral Fluctuations” (source)
  74. Fabio Verona, Maik H. Wolters (2012), “Sticky Information Models in Dynare” (source)
  75. Paul Levine, Joseph Pearlman (2011), “Computation of LQ Approximations to Optimal Policy Problems in Different Information Settings under Zero Lower Bound Constraints
  76. Cristiano Cantore, Paul Levine (2011), “Getting Normalization Right: Dealing with ‘Dimensional Constants’ in Macroeconomics” (source)
  77. Michael Creel, Dennis Kristensen (2011), “Indirect Likelihood Inference” (source)
  78. Stéphane Adjemian, Antoine Devulder (2011), “Évaluation de la politique monétaire dans un modèle DSGE pour la zone euro” (source)
  79. Lilia Maliar, Serguei Maliar, Sébastien Villemot (2011), “Taking Perturbation to the Accuracy Frontier: A Hybrid of Local and Global Solutions” (source)
  80. Marcelo Ferman (2011), “Switching Monetary Policy Regimes and the Nominal Term Structure” (source)
  81. Tom Holden (2011), “Products, patents and productivity persistence: A DSGE model of endogenous growth” (source)
  82. Mariano Kulish, Callum Jones (2011), “A Graphical Representation of an Estimated DSGE Model” (source)
  83. Sébastien Villemot (2011), “Solving rational expectations models at first order: what Dynare does
  84. Stéphane Adjemian, Houtan Bastani, Michel Juillard, Fréderic Karamé, Junior Maih, Ferhat Mihoubi, Willi Mutschler, George Perendia, Johannes Pfeifer, Marco Ratto, Sébastien Villemot (2011), “Dynare: Reference Manual Version 4