dc.contributor.author | Canova, Fabio | |
dc.contributor.author | Matthes, Christian | |
dc.date.accessioned | 2018-12-11T08:19:34Z | |
dc.date.available | 2018-12-11T08:19:34Z | |
dc.date.issued | 2018-10-08 | |
dc.identifier.issn | 1892-2198 | |
dc.identifier.uri | http://hdl.handle.net/11250/2577028 | |
dc.description.abstract | We describe how to use the composite likelihood to ameliorate estimation, computational, and inferential problems in dynamic stochastic general equilibrium models. We present a number of situations where the methodology has the potential to resolve well-known problems and formally justifies existing practices. In each case we consider, we provide an example to illustrate how the approach works and its properties in practice. | nb_NO |
dc.language.iso | eng | nb_NO |
dc.publisher | BI Norwegian Business School | nb_NO |
dc.relation.ispartofseries | CAMP Working Paper Series Paper No. 10/2018; | |
dc.subject | Dynamic structural models | nb_NO |
dc.subject | composite likelihood | nb_NO |
dc.subject | identification | nb_NO |
dc.subject | singularity | nb_NO |
dc.subject | large scale models | nb_NO |
dc.subject | panel data | nb_NO |
dc.title | A composite likelihood approach for dynamic structural models | nb_NO |
dc.type | Working paper | nb_NO |
dc.source.pagenumber | 44 | nb_NO |