System Priors : Formulating Priors about DSGE Models' Properties /
This paper proposes a novel way of formulating priors for estimating economic models. System priors are priors about the model's features and behavior as a system, such as the sacrifice ratio or the maximum duration of response of inflation to a particular shock, for instance. System priors rep...
Tác giả chính: | |
---|---|
Tác giả khác: | |
Định dạng: | Tạp chí |
Ngôn ngữ: | English |
Được phát hành: |
Washington, D.C. :
International Monetary Fund,
2013.
|
Loạt: | IMF Working Papers; Working Paper ;
No. 2013/257 |
Những chủ đề: | |
Truy cập trực tuyến: | Full text available on IMF |