首页    期刊浏览 2024年11月08日 星期五
登录注册

文章基本信息

  • 标题:Global identification of linearized DSGE models
  • 作者:Andrzej Kocięcki ; Marcin Kolasa
  • 期刊名称:Quantitative Economics
  • 电子版ISSN:1759-7331
  • 出版年度:2018
  • 卷号:9
  • 期号:3
  • 页码:1243-1263
  • DOI:10.3982/QE530
  • 语种:English
  • 出版社:John Wiley & Sons, Ltd.
  • 摘要:

    This paper introduces a computational framework to analyze global identification of linearized DSGE models. A formal identification condition is established that relies on the restrictions linking the observationally equivalent state space representations and on the inherent constraints imposed by the model solution on the deep parameters. This condition is next used to develop an algorithm that checks global identification by searching for observationally equivalent model parametrizations. The algorithm is efficient as the identification conditions it employs shrink considerably the space of candidate deep parameter points and the model does not need to be solved at each of these points. The working of the algorithm is demonstrated with two examples.

  • 关键词:Global identification ; DSGE models ; state‐space representation ; C13 ; C51 ; E32
Loading...
联系我们|关于我们|网站声明
国家哲学社会科学文献中心版权所有