Three Equations New Keynesian DSGE Model

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@JDEconomics 7 ай бұрын

Hi Everyone ! Thanks for watching! Please ensure to subscribe to my channel and buy part 2 of the tutorial, where we estimate the model. You can turn on captions! The video has subtitles in many different languages! Enjoy!

@dufttroll1746 5 ай бұрын

Hey Juan, i am master student in Economics and your videos are of high quality and really help to understand the NK-framework! Thank you!

@JDEconomics 5 ай бұрын

Great to hear! Please feel free to share my channel with your network so I can keep expanding. You can consider getting the NK material I got for sale too. Best regards! Thanks for your message and good luck!

@alunevans2377 4 ай бұрын

The three equation NK DSGE model has two major drawbacks. There is no money and banking included in it. The model failed to predict the inflation that was inevitable when Central Banks decided to pump massive stimulus into the economy. As someone who holds a Masters in economics i do find these videos excellent for revision.

@JDEconomics 4 ай бұрын

Great to hear! I hope you are liking the videos. Regards

@ghizlanesaidi6942 9 ай бұрын

Hi M. Juan, always on the top ! Thank you so much. Salutations from Morocco 🇲🇦

@JDEconomics 9 ай бұрын

My pleasure! Best! JD

@oshunnnnnn 9 ай бұрын

Hi Juan, please could you make a structural VAR (SVAR) run through for Stata to save my uni assignment, amazing videos as always, thank you!

@solomonyemidi3203 3 ай бұрын

Thank you for your insightful videos. May I know if these three equations of the New Keynesian model should be added to the ones under the RBC model? Thanks

@JDEconomics 3 ай бұрын

No. They are different models.

@danielefraietta9904 9 ай бұрын

Hi Juan, excellent video as always! I was wondering thoguh, as I am under the improession that most of the viewers of this channel use Eviews (but I may be wrong), if it would be possible for you to explain how to build DSGE models in Eviews. I know you cannot directly do that as Eviews does not have DSGE capabilities but i seem to remember you can combine Eviews and R to do the job (again, I may be wrong). Thanks for you excellent work!

@JDEconomics 9 ай бұрын

Hi Daniele, I am not sure about that. It would be time consuming and not efficient.Dynare is the way to go, and Stata is starting to offer some good alternatives.