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Economics / New classical macroeconomics / Dynamic stochastic general equilibrium / Statistical theory / Macroeconomic model / Identifiability / Maximum likelihood / Parametrization / System identification / Macroeconomics / New Keynesian economics / Estimation theory


LOCAL AND GLOBAL IDENTIFICATION OF DSGE MODELS: A SIMULTANEOUS-EQUATION APPROACH ˇ DANIEL F. WAGGONER, AND TAO ZHA MARTIN FUKAC, A BSTRACT. We address some issues about local and global identification of DSGE models and
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Document Date: 2007-12-22 09:17:22


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City

ATLANTA / /

Facility

University of Michigan / Square One / University of Chicago / Australian National University / /

IndustryTerm

stable solution / likelihood search / /

MusicGroup

Error / /

Organization

University of Michigan / University of Chicago / Australian National University / Reserve Bank of New Zealand / Federal Reserve Bank of Atlanta / US Federal Reserve / /

Person

Thomas Lubik / Frank Schorfheide / TAO ZHA MARTIN FUKAC / Cochrane / /

Position

Rt / Keynesian business cycle model / ” Manuscript / NK model / model / Farmer / πt xt Rt / AND R. E. FARMER / /

ProvinceOrState

Michigan / /

PublishedMedium

The Review of Economics and Statistics / /

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