cam a22 2 b4500 530127725 CHVBK 20201027044032.0 m d cr |n |||||||| 130723e20110201dcu s|||| 0 |eng|d 978-1-4552-1675-8 1-4552-1675-5 (Trade Paper) : USD 18.00 Retail Price (Publisher) (SERSOL)ssj0001177856 (WaSeSS)ssj0001177856 BIP US WaSeSS Poghosyan Tigran Author An Estimated Dynamic Stochastic General Equilibrium Model of the Jordanian Economy [Elektronische Daten] Washington International Monetary Fund Feb. 2011 1 online resource (25 p.) Free full text available for some or all content. Article availability is subject to change without notice, according to publisher decision. Die Verfügbarkeit der Online-Ressourcen ist Entscheidung des Verlags oder des Urhebers und kann ohne vorherige Ankündigung geändert werden. Annotation This paper presents and estimates a small open economy dynamic stochastic general-equilibrium model (DSGE) for the Jordanian economy. the model features nominal and real rigidities, imperfect competition and habit formation in the consumer's utility function. Oil imports are explicitly modeled in the consumption basket and domestic production. Bayesian estimation methods are employed on quarterly Jordanian data. the model's properties are described by impulse response analysis of identified structural shocks pertinent to the economy. These properties assess the effectiveness of the pegged exchange rate regime in minimizing inflation and output trade-offs. the estimates of the structural parameters fall within plausible ranges, and simulation results suggest that while the peg amplifies output, consumption and (price and wage) inflation volatility, it offers a relatively low risk premium. Beidas-Strom Samya Author http://elibrary.imf.org/view/IMF001/11633-9781455216758/11633-9781455216758/11633-9781455216758.xml Volltext frei zugänglich BK020053 XK020053 XK020000 IMF E-Library E-Books von 360MarcUpdates IDSBB FREE FREE OL NELFREE2004 IDSBB 100 1- Poghosyan Tigran Author IDSBB 700 1- Beidas-Strom Samya Author IDSBB 856 40 http://elibrary.imf.org/view/IMF001/11633-9781455216758/11633-9781455216758/11633-9781455216758.xml Volltext frei zugänglich