TY  - BOOK
AU  - Adjemian,Stéphane
AU  -  Cahn,Christophe
AU  -  Devulder,Antoine
AU  -  Maggiar,Nicolas
TI  - Simulations under Uncertainty
PY  - 2008///.
							
N1  - 10
N2  - The authors illustrate the usefulness of the Bayesian approach in economic-policy assessment, which typically relies on simulations. We describe a dynamic stochastic general equilibrium (DGSE) model for the euro zone. The Bayesian estimation of the model measures parameter-related uncertainty,which translates into simulation-related uncertainty.We offer a practical application by simulating the impact of a tax policy: an announced VAT shock
UR  - https://shs.cairn.info/journal-economie-et-prevision-1-2008-2-page-223?lang=en&redirect-ssocas=7080
ER  -