منابع مشابه
Bridging DSGE models and the raw data?
4 A method to estimate DSGE models using the raw data is proposed. The approach 5 links the observables to the model counterparts via a exible speci cation which does 6 not require the model-based component to be solely located at business cycle frequen7 cies, allows the non model-based component to take various time series patterns, and 8 permits model misspeci cation. Applying standard data ...
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I propose a method to estimate cyclical DSGE models using the raw data. The approach links the observables to the model counterparts via a exible speci cation which does not require that the cyclical component is solely located at business cycle frequencies and allows the noncyclical component to take various time series patterns. Applying standard data transformation induces distortions in st...
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ژورنال
عنوان ژورنال: Journal of Monetary Economics
سال: 2014
ISSN: 0304-3932
DOI: 10.1016/j.jmoneco.2014.06.003