| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w7027 |
| 来源ID | Working Paper 7027 |
| Maximum Likelihood in the Frequency Domain: A Time to Build Example | |
| Lawrence J. Christiano; Robert J. Vigfusson | |
| 发表日期 | 1999-03-01 |
| 出版年 | 1999 |
| 语种 | 英语 |
| 摘要 | A well known result is that the Gaussian log-likelihood can be expressed as the sum over different frequency components. This implies that the likelihood ratio statistic has a similar linear decomposition. We exploit these observations to devise diagnostic methods that are useful for interpreting maximum likelihood parameter estimates and likelihood ratio tests. We apply the methods to the estimation and testing of two real business cycle models. The standard real business cycle model is rejected in favor of an alternative in which capital investment requires a planning period |
| 主题 | Macroeconomics ; Consumption and Investment |
| URL | https://www.nber.org/papers/w7027 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/564549 |
| 推荐引用方式 GB/T 7714 | Lawrence J. Christiano,Robert J. Vigfusson. Maximum Likelihood in the Frequency Domain: A Time to Build Example. 1999. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w7027.pdf（723KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
