address this challenge, we propose an indirect inference method that assesses identification by examining how changes in these … significant rejections in our indirect inference test. Applying our method to a standard three-equation New Keynesian model and … increase rejection rates. These results support the identification of star variables and indicate that indirect inference …

by using the method of Indirect Inference where we test whether the modelís simulated behaviour can match the reduced …

model passes the indirect inference test against the UK data from 1870 to 2015. We find that shocks to aggregate TFP …

We develop an indirect inference approach relying on a linear supply and demand model serving as an auxiliary model to …

productivity growth, as argued by some policymakers. The model is estimated and tested by indirect inference. The original model …

model passes the indirect inference test against the UK data from 1870 to 2015. We find that shocks to aggregate TFP …