Title of article :
Back tosquareone:IdentificationissuesinDSGEmodels
Author/Authors :
FabioCanova، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2008
Pages :
19
From page :
431
To page :
449
Abstract :
WeinvestigateidentificationissuesinDSGEmodelsandtheirconsequencesfor parameter estimationandmodelevaluationwhentheobjectivefunctionmeasuresthe distancebetweenestimatedandmodel-basedimpulseresponses.Observational equivalence,partialandweakidentificationproblemsarewidespreadandtypically produced byanill-behavedmappingbetweenthestructuralparametersandthe coefficientsofthesolution.Differentobjectivefunctionsaffectidentificationandsmall samplesinteractwithparametersidentification.Diagnosticstodetectidentification deficienciesareprovidedandappliedtoawidelyusedmodel
Keywords :
IdentificationImpulse responsesDSGE modelsSmall samples
Journal title :
Journal of Monetary Economics
Serial Year :
2008
Journal title :
Journal of Monetary Economics
Record number :
846304
Link To Document :
https://search.isc.ac/dl/search/defaultta.aspx?DTC=10&DC=846304
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