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What economic decisions do agents make in DSGE models?

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter26: The Neoclassical Perspective

Section: Chapter Questions

Problem 10RQ: Do neoclassical economists tend to focus more on long term economic growth or on recessions? Explain...

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What economic decisions do agents make in DSGE models?

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One of the methods in which Macroeconomics factors are taken into consideration like economic growth. economic policies, different business cycles, and different factors affecting the economy as a whole using econometric models and microeconomic policies are referred to as Dynamic Stochastic general equilibrium.

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