I am a junior researcher working on coordination between monetary and fiscal policy in Algeria using DSGE models and I do not know how to deal with these models
Please advise and help and thank you in advance
That model class is quite broad. You would have to narrow down what you want to do. A good place to start is Eric Leeper’s work.
Thank you very much for your valuable guidance
I want to measure
Response of Government Spending to Various Shocks
Response of Government Revenue to Various Shocks
Response of Government Borrowing to Various Shocks
Response of Interest Rate to Various Shocks
Response of Inflation to Various Shocks
Response of Domestic Output to Various Shocks
Finally, choosing the optimal combination of monetary and fiscal policy that achieves the welfare of society or achieves the slightest loss
I think that Gali and Monacelli’s (2004, 2008) and Beetsma and Jensen’s (2005) work can help you.
thank you so mush mohamed