Search Results - subject:"Indirect inference"

Detecting identification failure in moment condition models

Forneron, Jean-Jacques - In: Journal of econometrics 238 (2024) 1, pp. 1-22

Persistent link: https://www.econbiz.de/10015073829

Measuring the persistence degree of shocks to the US tourism markets : new evidence for COVID-19 pandemic period

Peng, Yi-Ting; Chang, Tsangyao; Ranjbar, Omid; Li, Fangjhy - In: Applied economics letters 31 (2024) 5, pp. 422-431

Persistent link: https://www.econbiz.de/10014469924

A structural model of coronavirus behaviour for testing on data behaviour

Meenagh, David; Minford, Patrick - 2021

this by indirect inference, matching its simulated logistic behaviour to that found in the data. In our model the virus …

Persistent link: https://www.econbiz.de/10012875999

Should Hong Kong switch to Taylor rule? Evidence from DSGE model

Meenagh, David; Minford, Patrick; Zhao, Zhiqi - 2021

-firms; the money supply is fully backed by reserves under the currency board. We estimate and evaluate the model by Indirect … Inference over the sample period of 1994Q1-2018Q3; we find that it matches the data behaviour, as represented by a VAR. We …

Persistent link: https://www.econbiz.de/10012876022

Computable general equilibrium models of trade in the modern trade policy debate

Chen, Gang; Dong, Xue; Minford, Patrick; Qiua, Guanhua; … - 2021

comparative advantage, the other based on recent gravity theories. We have tested them by indirect inference on the time-series of …

Persistent link: https://www.econbiz.de/10012876023

Testing competing world trade models against the facts of world trade

Minford, Patrick; Xu, Yongdeng; Dong, Xue - 2021

We carry out an indirect inference test of two versions of a computable general equilibrium (CGE) model of world trade …

Persistent link: https://www.econbiz.de/10012876029

Estimating macro models and the potentially misleading nature of Bayesian estimation

Meenagh, David; Minford, Patrick; Wickens, Michael R. - 2021

We ask whether Bayesian estimation creates a potential estimation bias as compared with standard estimation techniques based on the data, such as maximum likelihood or indirect estimation. We investigate this with a Monte Carlo experiment in which the true version of a New Keynesian model may...

Persistent link: https://www.econbiz.de/10012876031

Time-varying state correlations in state space models and their estimation via indirect inference

Schiavoni, Caterina; Koopman, Siem Jan; Palm, Franz; … - 2021

likelihood infeasible. We therefore propose an indirect inference approach to estimate the static parameters of the model, which …

Persistent link: https://www.econbiz.de/10012605986

Indirect inference for time series using the empirical characteristic function and control variates

Davis, Richard A.; do Rêgo Sousa, Thiago; … - In: Journal of Time Series Analysis 42 (2021) 5-6, pp. 653-684

computed. Motivated by Indirect Inference, we use a Monte Carlo approximation of the characteristic function based on i …

Persistent link: https://www.econbiz.de/10012621813

Estimating macro models and the potentially misleading nature of Bayesian estimation

Meenagh, David; Minford, Patrick; Wickens, Michael R. - 2021

Persistent link: https://www.econbiz.de/10012624789