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...
Main Authors: | , , , , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2024-06-01
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Series: | Latin American Journal of Central Banking |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2666143823000315 |