한국경제의 총수요와 총공급에서의 베이지안 구조변화분석A Bayesian Analysis of Structural Changes in Aggregate Demand and Supply of Korean Economy

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Structural changes in an economy system bring about serious problems in establishing economic policies. The boom of middle-east export, the oil shock, and the recent dollar crisis in Korean economy are such examples. Hence, it is necessary to identify and estimate those structural changes. This study focuses on an output and price and analyzes structural changes in aggregate demand and supply. The aggregate demand and supply structures are described by conventional dynamic simultaneous equations model, where each structural change is represented by dummy variables and estimated by the proposed Bayesian method. By applying this model to Korean output and price, structural changes in the aggregate demand and supply are analyzed.
Publisher
대한산업공학회
Issue Date
1998-12
Language
Korean
Citation

대한산업공학회지, v.24, no.4, pp.475 - 483

ISSN
1225-0988
URI
http://hdl.handle.net/10203/15889
Appears in Collection
MT-Journal Papers(저널논문)
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