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- Title
Economic Modeling Why the Standard Model Survives Bad Performance.
- Authors
GJERSTAD, STEVEN D.; SMITH, VERNON L.
- Abstract
The article explores the concept of dynamic stochastic general equilibrium (DSGE) economic model in determining the economic performance of the U.S. The economic model measures the factors contributing to the country's gross domestic product (GDP), fundamental aspects of economic stability and impacts of the Great recession on market profitability. It also notes on the economic performance of housing and foreign exchange markets.
- Subjects
ECONOMIC equilibrium; ECONOMIC stabilization; GROSS domestic product; ECONOMIC indicators; HOUSING &; economics; GREAT Recession, 2008-2013; TWENTY-first century; UNITED States economy
- Publication
Independent Review, 2016, Vol 20, Issue 4, p627
- ISSN
1086-1653
- Publication type
Article