TY  - BOOK
AU  - Dina Mohamed Ahmed Mahmoud Bakr
AU  - Ahmed Elsamman , 
TI  - Dynamic stochastic general equilibrium models (DSGEs) and their use in the conduct of monetary policy under inflation targeting in Egypt / 
PY  - 2018///
CY  - Cairo : 
PB  - Dina Mohamed Ahmed Mahmoud Bakr , 
KW  - Dynamic stochastic general equilibrium models (DSGEs)
KW  - External shocks
KW  - Optimal Monetary Policy
N1  - Thesis (Ph.D.) - Cairo University - Faculty of Economics and Political Science - Department of Economics; Issued also as CD
N2  - This study aims at addressing import issues related to inflation targeting in Egypt : first, investigation of both internal and external shocks that the Egyptian economy faced during the period from 2003-2015. In order to explain the internal and external shocks to the Egyptian economy, the researcher employs both autoregressive moving average model (ARMA) and vector auto-regression(VAR) as well as dynamic stochastic general equilibrium (DSGE) modeling using quarterly data and then compares the outcomes of both approaches ; second, the choice between targeting all movements and fluctuations in the inflation rate or excluding changes(temporary fluctuations) such as: the supply side shocks, rising energy prices and international prices of some food commodities during 2005-2015; third, design a model for monetary authorities in Egypt to target inflation taking into account the government{u2019}s intervention in setting prices according to Taylor rule during the same period from 2005-2015. In general, the researcher applied the deduction method through the use of the dynamic stochastic general equilibrium modeling based on maximum likelihood method to explain the latter two issues
UR  - http://172.23.153.220/th.pdf
ER  -