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DLSU-ANGELO KING INSTITUTE FOR ECONOMIC AND BUSINESS STUDIES |
Small Open Economy DSGE Model with Natural Disaster and Foreign Aid
Dr. Dickson Lim
26 February 2018 (Monday), 2:30PM
Tereso Lara Seminar Room (L230)
Abstract:
The Philippines is one of the countries in the ASEAN region that is regularly hit by natural calamities and these catastrophic events entail adverse macroeconomic impact. This study aims to determine the optimal monetary policy response amidst disaster-related shocks to the macroeconomy. The study has found that a discretionary exchange rate policy is more optimal relative to the rule-based inflation targeting policy as a response to unanticipated disaster-related shocks.
About the author:
Prof. Dickson Lim is currently affiliated with the DLSU-SOE. He has recently finished his PhD in Economics with the university last year and a dissertation topic on DSGE modeling incorporating natural disaster shocks. He currently specializes on macroeconomic modeling.
Download the presentation here
Dr. Dickson Lim
26 February 2018 (Monday), 2:30PM
Tereso Lara Seminar Room (L230)
Abstract:
The Philippines is one of the countries in the ASEAN region that is regularly hit by natural calamities and these catastrophic events entail adverse macroeconomic impact. This study aims to determine the optimal monetary policy response amidst disaster-related shocks to the macroeconomy. The study has found that a discretionary exchange rate policy is more optimal relative to the rule-based inflation targeting policy as a response to unanticipated disaster-related shocks.
About the author:
Prof. Dickson Lim is currently affiliated with the DLSU-SOE. He has recently finished his PhD in Economics with the university last year and a dissertation topic on DSGE modeling incorporating natural disaster shocks. He currently specializes on macroeconomic modeling.
Download the presentation here
