How Long to Read Solving and Estimating Indeterminate DSGE Models

How Long Does it Take to Read Solving and Estimating Indeterminate DSGE Models?

It takes the average reader and 30 minutes to read Solving and Estimating Indeterminate DSGE Models by Mr. Roger Farmer

Assuming a reading speed of 250 words per minute. Learn more

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 30 pages long, and a total of 7,500 words.

This makes it 10% the length of the average book. It also has 9% 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 40 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.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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