Dynamic stochastic general equilibrium | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-03-25

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Dynamic_stochastic_general_equilibrium


00:00:31 1 Terminology
00:01:31 2 RBC modeling
00:03:44 3 The Lucas critique
00:06:17 4 Response to the Lucas critique
00:09:09 5 DSGE modeling
00:09:20 5.1 Structure
00:12:22 5.2 Schools
00:14:48 6 Criticism
00:14:57 6.1 From mainstream economists
00:21:56 6.2 From heterodox economics
00:27:48 7 Evolution of viewpoints
00:31:49 8 See also



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SUMMARY
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Dynamic stochastic general equilibrium modeling (abbreviated as DSGE, or DGE, or sometimes SDGE) is a method in macroeconomics that attempts to explain economic phenomena, such as economic growth and business cycles, and the effects of economic policy, through econometric models based on applied general equilibrium theory and microeconomic principles.