Local Projections vs. VARs for structural parameter estimation
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More about this item
Keywords
DSGE estimation; impulse responses; Indirect Inference; Local Projection; Vector Autoregression; Monte Carlo analysis;All these keywords.
JEL classification:
- C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
- C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
- E00 - Macroeconomics and Monetary Economics - - General - - - General
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2025-05-19 (Dynamic General Equilibrium)
- NEP-ECM-2025-05-19 (Econometrics)
- NEP-ETS-2025-05-19 (Econometric Time Series)
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