Autori:
Canova, Fabio ![](http://www.bncf.firenze.sbn.it/img/logo-bncf.jpg)
,
Finn, M. ![](http://www.bncf.firenze.sbn.it/img/logo-bncf.jpg)
,
Pagan, Adrian M. ![](http://www.bncf.firenze.sbn.it/img/logo-bncf.jpg)
Titolo:
Evaluating a real business cycle modelPeriodico:
European University Institute of Badia Fiesolana (Fi). Department of Economics - Working papersAnno:
1993 - Fascicolo:
22 - Pagina iniziale:
1 - Pagina finale:
32This paper provides a method to formally evaluate models with calibrated parameters. We examine whether the restricted VAR representation implied by the model is consistent with the data. Two types of restrictions are analyzed: one due to the fact that there are less forcing processes than endogenous variables and one obtained factoring out the first type of restrictions. We also propose a way to evaluate the performance of a model relative to a competitor. An application to the model analyzed by Burnside, Eichenbaum and Rebelo
(1992) is considered.
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Testo completo:
http://hdl.handle.net/1814/463Esportazione dati in Refworks (solo per utenti abilitati)
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