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Interprétation d'épisodes historiques à l'aide de modèles dynamiques stochastiques d'équilibre général

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  • Franck Portier

Abstract

This article surveys recent work on the economic analysis of historical episodes using dynamic stochastic general equilibrium (DSGE) models. We put the methods and challenges of such an approach inperspective. To do so, we present the fundamentals of the methodology and an overview of the studies that adopt this approach. We then focus on a specific episode ? the Great Depression in the United States and France ? to highlight the advantages and limitations of DSGE models.

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  • Franck Portier, 2008. "Interprétation d'épisodes historiques à l'aide de modèles dynamiques stochastiques d'équilibre général," Economie & Prévision, La Documentation Française, vol. 0(4), pages 33-46.
    • Handle: RePEc:cai:ecoldc:ecop_185_0033
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