Le Barbanchon, Thomas (contributor) - 2007
governing wage and price
formation. Developing a fully micro-founded dynamic stochastic general equilibrium model, we
examine … the negative impacts of oil-price shocks, we use a Dynamic Stochastic General
Equilibrium model (DSGE)2. DSGE models are …-price shocks
The difficulty to reproduce satisfying quantitative response in Dynamic General Equilibrium
models leads some analysts …