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Dynamic stochastic general equilibrium
macroeconomic method applying general equilibrium theory and microeconomic principles to postulate economic phenomena, e.g. economic growth, business cycles, policy effects or market shocks
Pronunciation
/dʌɪˈnamɪk stəˈkastɪk ˈʤɛnərəl ˌɛkwɪˈlɪbrɪəm/
/daɪˈnæmɪk stəˈkæstɪk ˈʤɛnərəl ˌikwəˈlɪbriəm/
Categories
economic model
general equilibrium theory