3 papers
econ.EM2024
On Bayesian Filtering for Markov Regime Switching Models
Nigar Hashimzade, Oleg Kirsanov, Tatiana Kirsanova +1
This paper presents a framework for empirical analysis of dynamic macroeconomic models using Bayesian filtering, with a specific focus on the state-space formulation of Dynamic Sto…
econ.TH2021
Fiscal policy and inequality in a model with endogenous positional concerns
Kirill Borissov, Nigar Hashimzade
We investigate the dynamics of wealth inequality in an economy where households have positional preferences, with the strength of the positional concern determined endogenously by…
econ.EM2018
On the solution of the variational optimisation in the rational inattention framework
Nigar Hashimzade
I analyse the solution method for the variational optimisation problem in the rational inattention framework proposed by Christopher A. Sims. The solution, in general, does not exi…