| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7621 |
| DP7621 Some Problems in the Testing of DSGE Models | |
| Patrick Minford; Michael R. Wickens; Vo Phuong Mai Le | |
| 发表日期 | 2010-01-10 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | We review the methods used in many papers to evaluate DSGE models by comparing their simulated moments and other features with data equivalents. We note that they select, scale and characterise the shocks without reference to the data; crucially they fail to use the joint distribution of the features under comparison. We illustrate this point by recomputing an assessment of a two-country model in a recent paper; we find that the paper's conclusions are essentially reversed. |
| 主题 | International Macroeconomics |
| 关键词 | Anomaly Boostrap Dsge indirect inference Puzzle Us-eu model Var Wald statistic |
| URL | https://cepr.org/publications/dp7621 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536458 |
| 推荐引用方式 GB/T 7714 | Patrick Minford,Michael R. Wickens,Vo Phuong Mai Le. DP7621 Some Problems in the Testing of DSGE Models. 2010. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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