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Business cycle modeling without pretending to have too much a priori economic theory

Author

Listed:
  • Thomas J. Sargent
  • Christopher A. Sims

Abstract

Estimates an observable index model from Sargent & Sims(1977), "Business cycle modeling without pretending to have too much a priori economic theory"
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Thomas J. Sargent & Christopher A. Sims, 1977. "Business cycle modeling without pretending to have too much a priori economic theory," Working Papers 55, Federal Reserve Bank of Minneapolis.
    • Handle: RePEc:fip:fedmwp:55
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    References listed on IDEAS

    as
    1. Fama, Eugene F, 1975. "Short-Term Interest Rates as Predictors of Inflation," American Economic Review, American Economic Association, vol. 65(3), pages 269-282, June.
    2. Granger, C. W. J. & Newbold, P., 1974. "Spurious regressions in econometrics," Journal of Econometrics, Elsevier, vol. 2(2), pages 111-120, July.
    3. Lucas, Robert Jr., 1972. "Expectations and the neutrality of money," Journal of Economic Theory, Elsevier, vol. 4(2), pages 103-124, April.
    4. Robert E. Hall, 1975. "The Rigidity of Wages and the Persistence of Unemployment," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 6(2), pages 301-350.
    5. K. Jöreskog, 1967. "Some contributions to maximum likelihood factor analysis," Psychometrika, Springer;The Psychometric Society, vol. 32(4), pages 443-482, December.
    Full references (including those not matched with items on IDEAS)

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    Keywords

    Business cycles;

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