Fanelli, Luca - In: Journal of Econometrics 170 (2012) 1, pp. 153-163
) model may have a unique stable solution (determinacy) against the alternative of multiple stable solutions (indeterminacy … indeterminacy and that are not identifiable under determinacy, (ii) does not involve inequality parametric restrictions and hence … against dynamic misspecification in finite samples. An empirical illustration focuses on the determinacy/indeterminacy of a …