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Showing 1 to 1 of 1 for “"Stochastic processes--Econometric models"”.
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The Search and Matching Model: Challenges and Solutions
… to improve the performance of a dynamic stochastic general equilibrium model (DSGE) with search unemployment, to align the model's predictions with the quarterly US data from 1955-2005. The first chapter proposes a New Keynesian model with search and matching frictions in the labor market …