2011
DOI: 10.13043/dys.68.4
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Método numérico para la calibración de un modelo DSGE

Abstract: En este artículo se propone un método numérico para la calibración de un modelo de equilibrio general dinámico y estocástico (dsge). Esencialmente, este consiste en utilizar un algoritmo híbrido de optimización, primero para encontrar un estado estacionario del modelo y luego para minimizar una función objetivo que se define según el propósito que tenga el investigador con el proceso de calibración. El algoritmo propuesto consiste en una aplicación del algoritmo de simulated annealing, seguido de métodos tradi… Show more

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Cited by 10 publications
(8 citation statements)
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“…Under this approach, calibration will focus on minimizing the differences among these data (Cabrera, 2012). In another definition (Bonaldi et al, 2011), calibration is the procedure of assigning values to the parameters in search of the maximum coherence between the planned objective and the instrument to be used.…”
Section: Calibrationmentioning
confidence: 99%
See 1 more Smart Citation
“…Under this approach, calibration will focus on minimizing the differences among these data (Cabrera, 2012). In another definition (Bonaldi et al, 2011), calibration is the procedure of assigning values to the parameters in search of the maximum coherence between the planned objective and the instrument to be used.…”
Section: Calibrationmentioning
confidence: 99%
“…Otra definición, según Bonaldi et al (2011) es el procedimiento de asignar valores a los parámetros en la búsqueda de la máxima coherencia entre el objetivo planteado y la herramienta que se utilizará.…”
Section: Calibraciónunclassified
“…This arrangement enhances the predictability of the policy decision, facilitates its communication and contributes to the quality of the analysis since there is more available time to evaluate the economic issues that arise during the forecasting exercise, and to discuss them internally with the Board. The TS evaluated the structure and statistical properties of the main macroeconomic models used by the Bank, namely MMT (Gómez et al (2002); Bejarano (2002); Vávra (2003); Hamann (2005)) and PATACON (Bonaldi et al (2011a); Bonaldi et al (2011b); González et al (2011)). After assessment, a new model (known as 4GM) is introduced to replace the MMT and that will be used simultaneously with PATACON in the monetary policy exercise.…”
Section: Introductionmentioning
confidence: 99%
“…• Mahadeva and Parra (2008) describe the construction and testing data set that is used to calibrate this model. • Bonaldi, González, Prada, Rodríguez, and Rojas (2009) describe an efficient algorithm for calibrating the steady state ratios and relative prices.…”
mentioning
confidence: 99%