CHOOSING THE VARIABLES TO ESTIMATE SINGULAR DSGE MODELS. (23rd September 2014)
- Record Type:
- Journal Article
- Title:
- CHOOSING THE VARIABLES TO ESTIMATE SINGULAR DSGE MODELS. (23rd September 2014)
- Main Title:
- CHOOSING THE VARIABLES TO ESTIMATE SINGULAR DSGE MODELS
- Authors:
- Canova, Fabio
Ferroni, Filippo
Matthes, Christian - Abstract:
- <abstract abstract-type="main" id="jae2414-abs-0001"> <title>SUMMARY</title> <p id="jae2414-para-0001">We propose two methods to choose the variables to be used in the estimation of the structural parameters of a singular DSGE model. The first selects the vector of observables that optimizes parameter identification; the second selects the vector that minimizes the informational discrepancy between the singular and non‐singular model. An application to a standard model is discussed and the estimation properties of different setups compared. Practical suggestions for applied researchers are provided. Copyright © 2014 John Wiley & Sons, Ltd.</p> </abstract>
- Is Part Of:
- Journal of applied econometrics. Volume 29:Number 7(2014)
- Journal:
- Journal of applied econometrics
- Issue:
- Volume 29:Number 7(2014)
- Issue Display:
- Volume 29, Issue 7 (2014)
- Year:
- 2014
- Volume:
- 29
- Issue:
- 7
- Issue Sort Value:
- 2014-0029-0007-0000
- Page Start:
- 1099
- Page End:
- 1117
- Publication Date:
- 2014-09-23
- Subjects:
- Econometrics -- Periodicals
330.015195 - Journal URLs:
- http://onlinelibrary.wiley.com/ ↗
- DOI:
- 10.1002/jae.2414 ↗
- Languages:
- English
- ISSNs:
- 0883-7252
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 4942.520000
British Library DSC - BLDSS-3PM
British Library STI - ELD Digital store - Ingest File:
- 3577.xml