Liedo, David de Antonio - Banco de España - 2010
validation of dynamic stochastic general equilibrium (DSGE) theories. Along the lines of Giannone et al. (2006), we use the state … statistical restrictions that DSGE models impose on the data. Beyond the weak restrictions, which are given by the number of …, potentially helping the general equilibrium environment improve forecast accuracy. In turn, the DSGE model is considered to be …