Estimation of DSGE models: Maximum Likelihood vs. Bayesian methods
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Cited by:
- Gelain, Paolo & Manganelli, Simone, 2020.
"Monetary policy with judgment,"
Working Paper Series
2404, European Central Bank.
- Paolo Gelain & Simone Manganelli, 2020. "Monetary Policy with Judgment," Working Papers 20-14, Federal Reserve Bank of Cleveland.
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More about this item
Keywords
Bayesian methods; Maximum likelihood; Business Cycles; Estimate DSGE models;All these keywords.
JEL classification:
- C11 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Bayesian Analysis: General
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2016-02-23 (Dynamic General Equilibrium)
- NEP-ECM-2016-02-23 (Econometrics)
- NEP-MAC-2016-02-23 (Macroeconomics)
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