Choosing the variables to estimate singular DSGE models: Comment

In a recent article Canova et al. (2014) study the optimal choice of variables to use in the estimation of a simplified version of the Smets and Wouters (2007) model. In this comment we examine their conclusions by applying a different methodology to the same model. Our results call into question most of Canova et al. (2014) conclusions.

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Year of publication:	2016-08
Authors:	Iskrev, Nikolay ; Ritto, Joao

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Iskrev, Nikolay and Ritto, Joao (2016): Choosing the variables to estimate singular DSGE models: Comment.
Classification:	C1 - Econometric and Statistical Methods: General ; C9 - Design of Experiments ; E32 - Business Fluctuations; Cycles
Source:	BASE

Persistent link: https://www.econbiz.de/10015252785