How Long to Read Solving and Estimating Indeterminate DSGE Models
By Mr.Roger Farmer
How Long Does it Take to Read Solving and Estimating Indeterminate DSGE Models?
It takes the average reader and 31 minutes to read Solving and Estimating Indeterminate DSGE Models by Mr.Roger Farmer
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Description
We propose a method for solving and estimating linear rational expectations models that exhibit indeterminacy and we provide step-by-step guidelines for implementing this method in the Matlab-based packages Dynare and Gensys. Our method redefines a subset of expectational errors as new fundamentals. This redefinition allows us to treat indeterminate models as determinate and to apply standard solution algorithms. We provide a selection method, based on Bayesian model comparison, to decide which errors to pick as fundamental and we present simulation results to show how our procedure works in practice.
How long is Solving and Estimating Indeterminate DSGE Models?
Solving and Estimating Indeterminate DSGE Models by Mr.Roger Farmer is 31 pages long, and a total of 7,781 words.
This makes it 10% the length of the average book. It also has 10% more words than the average book.
How Long Does it Take to Read Solving and Estimating Indeterminate DSGE Models Aloud?
The average oral reading speed is 183 words per minute. This means it takes and 42 minutes to read Solving and Estimating Indeterminate DSGE Models aloud.
What Reading Level is Solving and Estimating Indeterminate DSGE Models?
Solving and Estimating Indeterminate DSGE Models is suitable for students ages 8 and up.
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