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Team Kommunikation
IWH in Halle gründet europäisches Zentrum für MikrodatenforschungReint GroppDeutschlandfunk, 9. Januar 2025
Economists typically make simplifying assumptions to make the solution and estimation of their highly complex models feasible.
We analyze jointly optimal emissions taxes and financial regulation in a model with financial frictions and endogenous climate-related transition and physical risks.
The workshop provides a platform to discuss new developments in the field of empirical and applied macroeconomic modelling and aims at bringing together academic researchers and practitioners.
This paper proposes a piecewise-linear Kalman filter (PKF) to estimate DSGE models with occasionally binding constraints.