Testing and Estimating Models Using Indirect Inference
In this short article we explain how to test an economic model using Indirect Inference. We then go on to show how you can use this test to estimate the model.
|Date of creation:||Jun 2013|
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"How much nominal rigidity is there in the US economy? Testing a New Keynesian DSGE Model using indirect inference,"
Cardiff Economics Working Papers
E2008/32, Cardiff University, Cardiff Business School, Economics Section, revised Jul 2011.
- Le, Vo Phuong Mai & Meenagh, David & Minford, Patrick & Wickens, Michael, 2011. "How much nominal rigidity is there in the US economy? Testing a new Keynesian DSGE model using indirect inference," Journal of Economic Dynamics and Control, Elsevier, vol. 35(12), pages 2078-2104.
- Le, Vo Phuong Mai & Minford, Patrick & Wickens, Michael R., 2009. "How much nominal rigidity is there in the US Economy? Testing a New Keynesian DSGE model using indirect inference," CEPR Discussion Papers 7537, C.E.P.R. Discussion Papers.
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