Search Results - subject:"Indirect inference"

Testing the Monetary Policy Rule in the US: a Reconsideration of the Fed’s Behaviour

Minford, Patrick; Ou, Zhirong - C.E.P.R. Discussion Papers - 2009

according to the method of indirect inference. We find that the only model version that fails to be strongly rejected is the …

Persistent link: https://www.econbiz.de/10008491715

The 'Puzzles' Methodology: en route to Indirect Inference?

Le, Vo Phuong Mai; Minford, Patrick; Wickens, Michael R. - C.E.P.R. Discussion Papers - 2009

moments. We compare these with the method of Indirect Inference to which they are closely related. We illustrate the … comparison with contrasting assessments of a two-country model in two recent papers. We conclude that Indirect Inference is the …

Persistent link: https://www.econbiz.de/10008496453

How much nominal rigidity is there in the US Economy? Testing a New Keynesian DSGE model using indirect inference

Le, Vo Phuong Mai; Minford, Patrick; Wickens, Michael R. - C.E.P.R. Discussion Papers - 2009

We evaluate the Smets-Wouters model of the US using indirect inference with a VAR representation of the main US data …

Persistent link: https://www.econbiz.de/10008496457

Estimating the rational expectations model of speculative storage : a Monte Carlo comparison of three simulation estimators

Michaelides, Alexander; Ng, Serena - London School of Economics (LSE) - 2000

(1993, Econometrica 61 (4), 929–952) the indirect inference estimator of Gourieroux et al. (1993, Journal of Applied …

Persistent link: https://www.econbiz.de/10010928703

Semi-parametric indirect inference

Dridi, Ramdan; Renault, Eric - London School of Economics (LSE) - 2000

We develop in this paper a generalization of the Indirect Inference (II) to semi-parametric settings and termed Semi …-parametric Indirect Inference (SII). We introduce a new notion of Partial Encompassing which lays the emphasis on Pseudo True Values of …

Persistent link: https://www.econbiz.de/10010928755

Semi-Parametric Indirect Inference

Dridi, Ramdan; Renault, Eric - Suntory and Toyota International Centres for Economics … - 2000

Persistent link: https://www.econbiz.de/10005310369

Financing constraints and the timing of innovations in the German services sector

Kukuk, Martin; Stadler, Manfred - 1999

Using newly available data at the firm level, this study provides convincing evidence of the importance of financial constraints in explaining the timing of innovations in the German services sector. Based on a dynamic model of firms' optimal R&D behavior under financial constraints, we estimate...

Persistent link: https://www.econbiz.de/10010305052

Indirect Inference, Nuisance Parameter and Threshold Moving Average

Guay, Alain; Scaillet, Olivier - Centre de Recherche sur l'Emploi et les Fluctuations … - 1999

We analyse the modifications that occur in indirect inference when a nuisance parameter is not identified under the …

Persistent link: https://www.econbiz.de/10005572490

Indirect Estimation of Just-Identified Models with Control Variates

Calzolari, Giorgio; Iorio, F. Di; Fiorentini, G. - Dipartimento di Statistica, Informatica, Applicazioni … - 1999

Simulation estimators, such as indirect inference or simulated maximum likelihood, are successfully employed for …

Persistent link: https://www.econbiz.de/10008540720

Financing constraints and the timing of innovations in the German services sector

Kukuk, Martin; Stadler, Manfred - Wirtschaftswissenschaftlichen Fakultät, … - 1999

Persistent link: https://www.econbiz.de/10009151472