Now showing items 1-3 of 3

    • Do DSGE models forecast more accurately out-of sample than VAR models? 

      Gürkaynak, Refet S.; Kisacikoǧlu, B.; Rossi, B. (Emerald, 2013)
      Recently, it has been suggested that macroeconomic forecasts from estimated dynamic stochastic general equilibrium (DSGE) models tend to be more accurate out-of-sample than random walk forecasts or Bayesian vector ...
    • Effectiveness of reserve requirements on current account imbalances 

      Dalkıran, Dilşat Tugba (Bilkent University, 2012)
      Following the recent financial crisis, reserve requirements have become a policy instrument preferred in many emerging markets such as China, Brazil and Turkey for various purposes. Therefore, the formulating a ...
    • Monetary - fiscal joint policy analysis: a regime switching DSGD model 

      Akbal, Ömer Faruk (Bilkent University, 2016-06)
      Recent literature on the macroeconomic theory examines the importance of the regime switching in macroeconomic dynamics. Using a regime switching structure, this paper studies a baseline New Keynesian model with fiscal ...