Development of a Fiscal-Centric DSGE Model in Aid of Policy Evaluation.
The paper Development of a Fiscal-Centric DSGE Model in Aid of Policy Evaluation presents an estimable dynamic stochastic general equilibrium (DSGE) model designed to analyze fiscal policy in the Philippines. Using Bayesian methods and macroeconomic data from 2002 to 2021, the paper explores the effects of unanticipated shocks on the economy and evaluates fiscal multipliers under various scenarios. The model provides insights into fiscal dynamics during the past three administrations and highlights how fiscal and monetary policies interact to stabilize the economy.
+
Ateneo de Manila University + ateneo.edu
Follow Ateneo de Manila on Facebook fb.com/ateneodemanila
Twitter twitter.com/ateneodemanilau
Instagram instagram.com/theateneo
Linkedin linkedin.com/school/ateneo-de-manila-university/