System Priors; Formulating Priors about DSGE Models' Properties
Download full text from publisher
References listed on IDEAS
- Faust, Jon & Gupta, Abhishek, 2010.
"Posterior Predictive Analysis for Evaluating DSGE Models,"
26721, University Library of Munich, Germany.
- Jon Faust & Abhishek Gupta, 2012. "Posterior Predictive Analysis for Evaluating DSGE Models," NBER Working Papers 17906, National Bureau of Economic Research, Inc.
- Stephen J. Turnovsky, 2000. "Methods of Macroeconomic Dynamics, 2nd Edition," MIT Press Books, The MIT Press, edition 2, volume 1, number 0262201232, January.
- Jarociński, Marek & Marcet, Albert, 2010.
"Autoregressions in small samples, priors about observables and initial conditions,"
Working Paper Series
1263, European Central Bank.
- Marek Jarocinski & Albert Marcet, 2011. "Autoregressions in Small Samples, Priors about Observables and Initial Conditions," CEP Discussion Papers dp1061, Centre for Economic Performance, LSE.
- Laxton, Douglas & Pesenti, Paolo, 2003.
"Monetary rules for small, open, emerging economies,"
Journal of Monetary Economics,
Elsevier, vol. 50(5), pages 1109-1146, July.
- Douglas Laxton & Paolo Pesenti, 2003. "Monetary Rules for Small, Open, Emerging Economies," NBER Working Papers 9568, National Bureau of Economic Research, Inc.
- Calvo, Guillermo A., 1983. "Staggered prices in a utility-maximizing framework," Journal of Monetary Economics, Elsevier, vol. 12(3), pages 383-398, September.
- Coenen, Gunter & Levin, Andrew T. & Christoffel, Kai, 2007.
"Identifying the influences of nominal and real rigidities in aggregate price-setting behavior,"
Journal of Monetary Economics,
Elsevier, vol. 54(8), pages 2439-2466, November.
- Levin, Andrew T. & Coenen, Günter, 2004. "Identifying the influences of nominal and real rigidities in aggregate price-setting behavior," Working Paper Series 418, European Central Bank.
- Andrew Levin & GÃ¼nter Coenen, 2005. "Identifying the Influences of Nominal and Real Rigidities in Aggregate Price-Setting Behavior," Computing in Economics and Finance 2005 66, Society for Computational Economics.
- Roberto Garcia-Saltos & Douglas Laxton & Michal Andrle & Haris Munandar & Charles Freedman & Danny Hermawan, 2009. "Adding Indonesia to the Global Projection Model," IMF Working Papers 09/253, International Monetary Fund.
- Mattias Villani, 2009. "Steady-state priors for vector autoregressions," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 24(4), pages 630-650.
CitationsCitations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
- Michal Andrle & Roberto Garcia-Saltos & Giang Ho, 2014. "A Model-Based Analysis of Spillovers; The Case of Poland and the Euro Area," IMF Working Papers 14/186, International Monetary Fund.
- Michal Andrle & Patrick Blagrave & Pedro Espaillat & Keiko Honjo & Benjamin L Hunt & Mika Kortelainen & René Lalonde & Douglas Laxton & Eleonara Mavroeidi & Dirk V Muir & Susanna Mursula & Stephen Snu, 2015. "The Flexible System of Global Models – FSGM," IMF Working Papers 15/64, International Monetary Fund.
More about this item
KeywordsEconomic models; Monetary policy; system priors; Bayesian inference; DSGE; smell test; parameters; inflation; monetary economics; Bayesian Analysis; Forecasting and Simulation;
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2014-01-17 (All new papers)
- NEP-DGE-2014-01-17 (Dynamic General Equilibrium)
- NEP-ECM-2014-01-17 (Econometrics)
StatisticsAccess and download statistics
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imf:imfwpa:13/257. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jim Beardow) or (Hassan Zaidi). General contact details of provider: http://edirc.repec.org/data/imfffus.html .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.