Sökning: "Karl Walentin"

Hittade 2 avhandlingar innehållade orden Karl Walentin.

1. 1. DSGE Model Estimation and Labor Market Dynamics

   Författare :Glenn Mickelsson; Nils Gottfries; Karl Walentin; Martin M Andreasen; Uppsala universitet; []
   Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; DSGE Models; Macroeconomics; Estimation; Uninformative Priors; Maximum Likelihood; Labor Hoarding; US Labor Market; Swedish Micro Data; Economics; Nationalekonomi;

   Sammanfattning : Essay 1: Estimation of DSGE Models with Uninformative PriorsDSGE models are typically estimated using Bayesian methods, but because prior information may be lacking, a number of papers have developed methods for estimation with less informative priors (diffuse priors). This paper takes this development one step further and suggests a method that allows full information maximum likelihood (FIML) estimation of a medium-sized DSGE model. LÄS MER

3. 2. Policy, Institutions and Misallocation

   Författare :Yangzhou Yuan; John Hassler; Karl Walentin; Stockholms universitet; []
   Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Misallocations; Bubbles; Financial Frictions; Fertility Constraints; Economics; nationalekonomi;

   Sammanfattning : The thesis contains three models. Chapter 1 illustrates financial market incompleteness causes misallocations and fluences international trade pattern. Countries with more complete markets tend to specialize in risky sectors. Chapter 2 sets up a cross-generation utility function. LÄS MER