Analysis of the Transmission Mechanism of Public Investments: The Case of the DSGE Model
This paper attempts to assess the impact of public investment within the framework of a simple DSGE model calibrated on Russian data. To this end, three versions of the DSGE model were constructed. The first model, referred to as the baseline model, assumes efficient allocation of public investment....
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Financial Research Institute
2023-10-01
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Series: | Финансовый журнал |
Subjects: | |
Online Access: | https://www.finjournal-nifi.ru/images/FILES/Journal/Archive/2023/5/statii/01_5_2023_v15.pdf |