Signing Out Confounding Shocks in Variance-Maximizing Identification Methods
Author
Abstract
Suggested Citation
DOI: 10.1257/pandp.20221046
Download full text from publisher
References listed on IDEAS
- Frank Smets & Rafael Wouters, 2007.
"Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach,"
American Economic Review, American Economic Association, vol. 97(3), pages 586-606, June.
- Smets, Frank & Wouters, Rafael, 2007. "Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach," CEPR Discussion Papers 6112, C.E.P.R. Discussion Papers.
- Smets, Frank & Wouters, Raf, 2007. "Shocks and frictions in US business cycles: a Bayesian DSGE approach," Working Paper Series 722, European Central Bank.
- Frank Smets & Raf Wouters, 2007. "Shocks and Frictions in US Business Cycles : a Bayesian DSGE Approach," Working Paper Research 109, National Bank of Belgium.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Totzek, Alexander, 2009. "Firms' heterogeneity, endogenous entry, and exit decisions," Economics Working Papers 2009-11, Christian-Albrechts-University of Kiel, Department of Economics.
- Farmer, Roger E.A. & Nicolò, Giovanni, 2018.
"Keynesian economics without the Phillips curve,"
Journal of Economic Dynamics and Control, Elsevier, vol. 89(C), pages 137-150.
- Farmer, Roger, 2017. "Keynesian Economics without the Phillips Curve," CEPR Discussion Papers 12298, C.E.P.R. Discussion Papers.
- Roger E.A. Farmer & Giovanni Nicolò, 2017. "Keynesian Economics without the Phillips Curve," NBER Working Papers 23837, National Bureau of Economic Research, Inc.
- Lemoine, Matthieu & Lindé, Jesper, 2016.
"Fiscal consolidation under imperfect credibility,"
European Economic Review, Elsevier, vol. 88(C), pages 108-141.
- Linde, Jesper & Lemoine, Matthieu, 2016. "Fiscal Consolidation Under Imperfect Credibility," CEPR Discussion Papers 11404, C.E.P.R. Discussion Papers.
- M. Lemoine & J. Lindé, 2016. "Fiscal Consolidation Under Imperfect Credibility," Working papers 595, Banque de France.
- Lemoine, Matthieu & Lindé, Jesper, 2016. "Fiscal Consolidation Under Imperfect Credibility," Working Paper Series 322, Sveriges Riksbank (Central Bank of Sweden).
- Guerron-Quintana, Pablo A., 2011.
"The implications of inflation in an estimated new Keynesian model,"
Journal of Economic Dynamics and Control, Elsevier, vol. 35(6), pages 947-962, June.
- Pablo Guerrón-Quintana, 2010. "The implications of inflation in an estimated New-Keynesian model," Working Papers 10-2, Federal Reserve Bank of Philadelphia.
- George-Marios Angeletos & Chen Lian, 2020. "Confidence and the Propagation of Demand Shocks," NBER Working Papers 27702, National Bureau of Economic Research, Inc.
- Qazi Haque & Leandro M. Magnusson, 2020.
"Identification robust empirical evidence on the Euler equation in open economies,"
Economics Discussion / Working Papers
20-01, The University of Western Australia, Department of Economics.
- Qazi Haque & Leandro M. Magnusson, 2020. "Identification robust empirical evidence on the Euler equation in open economies," CAMA Working Papers 2020-07, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Lin, Tsu-ting Tim, 2015. "Working capital requirement and the unemployment volatility puzzle," Journal of Macroeconomics, Elsevier, vol. 46(C), pages 201-217.
- Albonico, Alice & Calès, Ludovic & Cardani, Roberta & Croitorov, Olga & Ferroni, Filippo & Giovannini, Massimo & Hohberger, Stefan & Pataracchia, Beatrice & Pericoli, Filippo & Raciborski, Rafal & Rat, 2017.
"The Global Multi-Country Model (GM): an Estimated DSGE Model for the Euro Area Countries,"
Working Papers
2017-10, Joint Research Centre, European Commission.
- Alice Albonico & Ludovic Calés & Roberta Cardani & Olga Croitorov & Fabio Di Dio & Filippo Ferroni & Massimo Giovannini & Stefan Hohberger & Beatrice Pataracchia & Filippo Pericoli & Philipp Pfeiffer , 2019. "The Global Multi-Country Model (GM): An Estimated DSGE Model for Euro Area Countries," European Economy - Discussion Papers 102, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Hans Dewachter & Leonardo Iania & Marco Lyrio, 2014.
"Information In The Yield Curve: A Macro‐Finance Approach,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 29(1), pages 42-64, January.
- Dewachter, Hans & Iania, Leonardo & Lyrio, Marco, 2011. "Information in the Yield Curve: A Macro-Finance Approach," Insper Working Papers wpe_230, Insper Working Paper, Insper Instituto de Ensino e Pesquisa.
- Hans Dewachter & Leonardo Iania & Marco Lyrio, 2014. "Information in the yield curve: A Macro-Finance approach," Working Paper Research 254, National Bank of Belgium.
- Dewachter, Hans & Iania, Leonardo & Lyrio, Marco, 2014. "Information in the yield curve: A macro-finance approach," LIDAM Reprints LFIN 2014007, Université catholique de Louvain, Louvain Finance (LFIN).
- Luca Guerrieri & Dale Henderson & Jinill Kim, 2014. "Modeling Investment‐Sector Efficiency Shocks: When Does Disaggregation Matter?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 55(3), pages 891-917, August.
- Patrick Fève & Jean‐Guillaume Sahuc, 2017.
"In Search of the Transmission Mechanism of Fiscal Policy in the Euro Area,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 32(3), pages 704-718, April.
- Fève, Patrick & Sahuc, Jean-Guillaume, 2014. "In search of the transmission mechanism of fiscal policy in the Euro area," TSE Working Papers 14-536, Toulouse School of Economics (TSE), revised Mar 2016.
- P. Fève & J.-G. Sahuc, 2016. "In Search of the Transmission Mechanism of Fiscal Policy in the Euro Area," Working papers 585, Banque de France.
- Fève, Patrick & Sahuc, Jean-Guillaume, 2014. "In search of the transmission mechanism of fiscal policy in the Euro area," IDEI Working Papers 840, Institut d'Économie Industrielle (IDEI), Toulouse.
- Patrick Fève & Jean-Guillaume Sahuc, 2017. "In Search of the Transmission Mechanism of Fiscal Policy in the Euro Area," Post-Print hal-01612699, HAL.
- Leon W. Berkelmans, 2008. "Imperfect information and monetary models: multiple shocks and their consequences," Finance and Economics Discussion Series 2008-58, Board of Governors of the Federal Reserve System (U.S.).
- Sami Alpanda & Gino Cateau & Césaire Meh, 2018.
"A policy model to analyze macroprudential regulations and monetary policy,"
Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 51(3), pages 828-863, August.
- Sami Alpanda & Gino Cateau & Césaire Meh, 2018. "A policy model to analyze macroprudential regulations and monetary policy," Canadian Journal of Economics, Canadian Economics Association, vol. 51(3), pages 828-863, August.
- Sami Alpanda & Gino Cateau & Cesaire Meh, 2014. "A policy model to analyze macroprudential regulations and monetary policy," BIS Working Papers 461, Bank for International Settlements.
- Sami Alpanda & Gino Cateau & Césaire Meh, 2014. "A Policy Model to Analyze Macroprudential Regulations and Monetary Policy," Staff Working Papers 14-6, Bank of Canada.
- Liudas Giraitis & George Kapetanios & Tony Yates, 2018.
"Inference on Multivariate Heteroscedastic Time Varying Random Coefficient Models,"
Journal of Time Series Analysis, Wiley Blackwell, vol. 39(2), pages 129-149, March.
- Liudas Giraitis & George Kapetanios & Tony Yates, 2015. "Inference on Multivariate Heteroscedastic Time Varying Random Coefficient Models," Working Papers 767, Queen Mary University of London, School of Economics and Finance.
- Minford, Patrick & Wickens, Michael & Xu, Yongdeng, 2016.
"Comparing different data descriptors in Indirect Inference tests on DSGE models,"
Economics Letters, Elsevier, vol. 145(C), pages 157-161.
- Minford, Patrick & Wickens, Michael & Xu, Yongdeng, 2016. "Comparing different data descriptors in Indirect Inference tests on DSGE models," Cardiff Economics Working Papers E2016/5, Cardiff University, Cardiff Business School, Economics Section.
- Minford, Patrick & Wickens, Michael R. & Xu, Yongdeng, 2017. "Comparing different data descriptors in Indirect Inference tests on DSGE models," CEPR Discussion Papers 11816, C.E.P.R. Discussion Papers.
- Athanasios Geromichalos & Lucas Herrenbrueck, 2022.
"The Liquidity-Augmented Model of Macroeconomic Aggregates: A New Monetarist DSGE Approach,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 45, pages 134-167, July.
- Athanasios Geromichalos & Lucas Herrenbrueck, 2021. "Code and data files for "The Liquidity-Augmented Model of Macroeconomic Aggregates: A New Monetarist DSGE Approach"," Computer Codes 19-205, Review of Economic Dynamics.
- Alexandre Kohlhas, 2015. "Learning-by-Sharing: Monetary Policy and the Information Content of Public Signals," 2015 Meeting Papers 57, Society for Economic Dynamics.
- Wang, Ren & Hou, Jie, 2021. "Land finance, land attracting investment and housing price fluctuations in China," International Review of Economics & Finance, Elsevier, vol. 72(C), pages 690-699.
- Oliver de Groot & Alexander W. Richter & Nathaniel A. Throckmorton, 2018.
"Uncertainty Shocks in a Model of Effective Demand: Comment,"
Econometrica, Econometric Society, vol. 86(4), pages 1513-1526, July.
- Oliver de Groot & Alexander W. Richter & Nathaniel A. Throckmorton, 2017. "Uncertainty Shocks in a Model of Effective Demand: Comment," CDMA Working Paper Series 201703, Centre for Dynamic Macroeconomic Analysis, revised 25 May 2017.
- Oliver de Groot & Alexander W. Richter & Nathaniel A. Throckmorton, 2017. "Uncertainty Shocks in a Model of Effective Demand: Comment," Discussion Paper Series, School of Economics and Finance 201710, School of Economics and Finance, University of St Andrews, revised 25 May 2017.
- Oliver de Groot & Alexander W. Richter & Nathaniel A. Throckmorton, 2017. "Uncertainty Shocks in a Model of Effective Demand: Comment," Working Papers 1706, Federal Reserve Bank of Dallas.
- Mumtaz, Haroon & Theodoridis, Konstantinos, 2017.
"Common and country specific economic uncertainty,"
Journal of International Economics, Elsevier, vol. 105(C), pages 205-216.
- Haroon Mumtaz & Konstantinos Theodoridis, 2015. "Common and Country Specific Economic Uncertainty," Working Papers 752, Queen Mary University of London, School of Economics and Finance.
More about this item
JEL classification:
- C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
- E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aea:apandp:v:112:y:2022:p:476-80. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michael P. Albert (email available below). General contact details of provider: https://edirc.repec.org/data/aeaaaea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.