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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w8941 |
来源ID | Working Paper 8941 |
Estimation and Identification of Structural Parameters in the Presence of Multiple Equilibria | |
Russell W. Cooper | |
发表日期 | 2002-05-16 |
出版年 | 2002 |
语种 | 英语 |
摘要 | This paper studies quantitative implications of model economies that exhibit multiple equilibria. The goal is to assess two interrelated issues. First, do economies with multiple equilibria have falsifiable predictions? Second, is identification possible in economies that exhibit multiple equilibria? Put differently, are these economies observationally equivalent to economies with unique equilibria? We raise these questions within a general framework and then study a series of examples to determine how the existing literature has addressed them. |
主题 | Macroeconomics ; Macroeconomic Models ; Business Cycles |
URL | https://www.nber.org/papers/w8941 |
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/566549 |
推荐引用方式 GB/T 7714 | Russell W. Cooper. Estimation and Identification of Structural Parameters in the Presence of Multiple Equilibria. 2002. |
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 | ||
w8941.pdf(268KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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