The Estimation of Macroeconomic Disequilibrium Models with Regime Classification Information
by Glenn D. Rudebusch
I: Introduction -- 1: Overview and Summary -- II: Econometric Specifications of the Disequilibrium Model -- 2: Previous Specifications -- 3: The Exact Excess Demand Specification -- 4: Evaluating the Exact Excess Demand Specification -- Appendix A: Linear Spillovers -- III: Estimation of a Single Market Disequilibrium Model -- 5: Model Structure — Labor Demand and Labor Supply -- 6: Excess Labor Demand Indicators -- 7: Estimation and Results -- Appendix B: Definition of Variables in Part III -- IV: Estimation of a Multimarret Disequilibrium Model -- 8: Model Structure I — Behavior of Agents -- 9: Model Structure II — Market Interaction -- 10: Excess Demand Indicators -- 11: Estimation and Results -- Appendix C: International Trade -- Appendix D: Definition of Variables in Part IV -- V: Conclusion -- 12: Whither Disequilibrium? -- References.