It takes the average reader and 23 minutes to read Understanding DSGE Filters in Forecasting and Policy Analysis by Michal Andrle
Assuming a reading speed of 250 words per minute. Learn more
This paper introduces methods that allow analysts to (i) decompose the estimates of unobserved quantities into observed data, (ii) to better understand revision properties of the model, and (iii) to impose subjective prior constraints on path estimates of unobserved shocks in structural economic models. For instance, a decomposition of the flexible-price output gap, or a technology shock, into contributions of output, inflation, interest rates, and other observed variables' contribution is feasible. The intuitive nature and analytical clarity of the suggested procedures are appealing for...
Understanding DSGE Filters in Forecasting and Policy Analysis by Michal Andrle is 23 pages long, and a total of 5,819 words.
This makes it 8% the length of the average book. It also has 7% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 31 minutes to read Understanding DSGE Filters in Forecasting and Policy Analysis aloud.
Understanding DSGE Filters in Forecasting and Policy Analysis is suitable for students ages 8 and up.
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