Search Results - subject:"Indirect inference"

How Does the New Keynesian Monetary Model Fit in the U.S. and the Eurozone? An Indirect Inference Approach

María-Dolores, Ramón; Vázquez, Jesús - In: Topics in Macroeconomics 6 (2006) 2, pp. 1446-1446

the indirect inference principle. An unrestricted VAR is considered as the auxiliary model. On the one hand, the …

Persistent link: https://www.econbiz.de/10005086986

What Do Labor and Consumption Data Jointly Tell About Labor Income Risk?

Smith, Anthony A; Guvenen, Fatih - Society for Economic Dynamics - SED - 2006

This paper estimates a general stochastic process for labor income via indirect inference, by jointly using labor … Preston (2005) among others). Second, we use an auxiliary model for the indirect inference method that captures the rich …

Persistent link: https://www.econbiz.de/10005069330

Employment stickiness in small manufacturing firms

Vermeulen, Philip - Society for Computational Economics - SCE - 2006

stickiness. A structural model of dynamic labor demand with adjustment costs and indivisibility is estimated using indirect … inference on a panel of small French manufacturing firms. Adjustment cost are estimated to be very small. Indivisibility …

Persistent link: https://www.econbiz.de/10005706206

Validating and Calibrating Agent-based Models: a Case Study

Cirillo, Pasquale; Bianchi, Carlo; Gallegati, Mauro; … - Society for Computational Economics - SCE - 2006

process, we use the method of indirect inference due to Gourieroux and Monfort(1996) to guarantee more accurate parameters …

Persistent link: https://www.econbiz.de/10005132620

Market Structure and Innovation Races / Marktstruktur und Innovationsrennen : An Empirical Assessment Using Indirect Inference / Eine empirische Untersuchung mit Hilfe der indirekt...

Kukuk, Martin; Stadler, Manfred - In: Jahrbücher für Nationalökonomie und Statistik 225 (2005) 4, pp. 427-440

model with qualitative regressor variables estimated applying indirect inference. Our empirical results are consistent with …

Persistent link: https://www.econbiz.de/10014609056

Technology Shock and Employment: Do We Need Models with a Fall in Hours?

Matheron, Julien; Dupaigne, Martial; Feve, Patrick - Society for Economic Dynamics - SED - 2005

Persistent link: https://www.econbiz.de/10005069448

Market Structure and Innovation Races, An Empirical Assessment Using Indirect Inference

Kukuk, Martin; Stadler, Manfred - In: Journal of Economics and Statistics (Jahrbuecher fuer … 225 (2005) 4, pp. 427-440

regressor variables estimated applying indirect inference. Our empirical results are consistent with the derived hypotheses that …

Persistent link: https://www.econbiz.de/10005626944

Identifying the Influences of Nominal and Real Rigidities in Aggregate Price-Setting Behavior

Levin, Andrew; Coenen, Günter - Society for Computational Economics - SCE - 2005

We formulate a generalized price-setting framework that incorporates staggered contracts of multiple durations and that enables us to directly identify the influences of nominal vs. real rigidities. Using German macroeconomic data over the period 1975Q1 through 1998Q4 to estimate this framework,...

Persistent link: https://www.econbiz.de/10005345059

Inference of Structural Econometric Models: A Unified Approach

Li, Tong - Econometric Society - 2004

indirect inference principle. Such an approach not only yields easy-to-implement consistent estimators with the standard root …

Persistent link: https://www.econbiz.de/10005328964

Generalized Indirect Inference for Discrete Choice Models

Anthony A. Smith, Jr.; Keane, Michael - Econometric Society - 2004

alternatives, builds on the ideas of indirect inference. In particular, the method uses an auxiliary model---typically a linear … the observed data. The main difficulty in implementing indirect inference in discrete choice models is that the objective …

Persistent link: https://www.econbiz.de/10005328984