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A method for taking models to the data

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  • Ireland, Peter N.

Abstract

This paper develops a method for combining the power of a dynamic, stochastic, general-equilibrium model with the flexibility of a vector autoregressive time-series model to obtain a hybrid that can be taken directly to the data.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Economic Dynamics and Control.

Volume (Year): 28 (2004)
Issue (Month): 6 (March)
Pages: 1205-1226

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Handle: RePEc:eee:dyncon:v:28:y:2004:i:6:p:1205-1226

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