Brazilian macroeconomic dynamics redux: Shocks, frictions, and unemployment in SAMBA model

This paper documents the recent changes in the structure and estimation procedures of the SAMBA model, providing a complete description of the decision problems that each economic agent faces, the first order conditions that solve those problems, and the new techniques employed to estimate the model...

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Bibliographic Details
Main Authors: Angelo M. Fasolo, Eurilton Araujo, Marcos Valli Jorge, Alexandre Kornelius, Leonardo Sousa Gomes Marinho
Format: Article
Language:English
Published: Elsevier 2024-06-01
Series:Latin American Journal of Central Banking
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2666143823000315