Pitfalls of DSGE Model Approach in Monetary Union
This paper investigates the impact of country size on the DSEG model estimation of the monetary union. Following DSGE model for fiscal policy simulations (FiMod) the union is considered to have a two-country structure, the investigated country has weight in union equal to its population share and th...
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| Format: | Article |
| Language: | English |
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Sciendo
2019-12-01
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| Series: | Danube |
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| Online Access: | https://doi.org/10.2478/danb-2019-0019 |