Working Paper
A method for taking models to the data
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.
Keywords: Econometric models; Business cycles;
https://doi.org/10.26509/frbc-wp-199903
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Working Papers (Old Series)
Publication Date: 1999
Number: 9903