Perturbations in DSGE models: An odd derivatives theorem
Sign Up to like & getrecommendations! Published in 2019 at "Journal of Economic Dynamics and Control"
DOI: 10.1016/j.jedc.2019.103722
Abstract: When testing a theory, we should ask not just whether its predictions match what we see in the data, but also about its “completeness†: how much of the predictable variation in the data does… read more here.
Keywords: models odd; odd derivatives; derivatives theorem; completeness ... See more keywords