panel data to estimate the textbook 'expectations augmented' Phillips curve with a market-based and observable measure of … inflation expectations. We develop this measure using assumptions common in economic analysis of open economies. Using quarterly …

We consider nonparametric identification and estimation in a nonseparable model where a continuous regressor of … endogenous assignment variable (like previous earnings). We provide new results on identification and estimation for these …

estimation for DSGE models approximated up to third-order and provides the foundation for indirect inference and SMM when …

DSGE models. U.S. output growth and the federal funds rate display nonlinear conditional mean dynamics, while inflation and … inflation and wage dynamics, thanks to the estimated downward wage/price rigidities, these do not spill over to output growth or …

multiple stochastic volatility processes. The estimation is based on annual consumption data from 1929 to 1959, monthly … Bayesian estimation provides strong evidence for a small predictable component in consumption growth (even if asset return data … are omitted from the estimation). Three independent volatility processes capture different frequency dynamics; our …

capital accu- mulation. Our estimation strategy searches for parameters that minimize ex post errors in an Euler equation … estimation of parameters of dynamic optimization problems in which non-convexities lead to extended periods of investment …