Recently, single equation approaches for estimating structural models have become popular in the monetary economics literature. In particular, single-equation Generalized Method Moments estimators have been used for estimating forward-looking models with rational expectations. Two important examples are found in Clarida, Galí, and Gertler (1998) for the estimation of forward-looking Taylor rules and in Galí and Gertler (1999) for the estimation of a forward-looking model for inflation dynamics. In this thesis, we address the issues of identification which have been overlooked due to the incompleteness of the single-equation formulations. We provide extensions to existing results on the properties of GMM estimators and inference under weak i...
Thesis (Ph.D.)--University of Washington, 2015The dissertation explores the links between macroecono...
Most rational expectations models involve equations in which the dependent variable is a function of...
Galí and Gertler (1999) developed a hybrid variation of the New Keynesian Phillips curve that relate...
Recently, single equation approaches for estimating structural models have become popular in the mon...
Recently, single-equation estimation by the generalized method of moments (GMM) has become popular i...
Recently, single-equation estimation by the generalized method of moments (GMM) has become popular i...
Recently, single-equation GMM methods have become popular in the monetary economics literature, for ...
Abstract Limited-information methods are commonly used to estimate forward-looking models with ratio...
Limited-information methods are commonly used to estimate forwardlooking models with rational expect...
Limited-information methods are commonly used to estimate forwardlooking models with rational expect...
Single-equation GMM methods are commonly used to estimate forward-looking mod-els with rational expe...
Limited-information methods are commonly used to estimate forwardlooking models with rational expect...
Limited-information methods are commonly used to estimate forward-looking models with rational expec...
This paper compares different methods for estimating forward-looking output and inflation Euler equa...
This thesis investigates weak identification when a forward looking Taylor rule is estimated with GM...
Thesis (Ph.D.)--University of Washington, 2015The dissertation explores the links between macroecono...
Most rational expectations models involve equations in which the dependent variable is a function of...
Galí and Gertler (1999) developed a hybrid variation of the New Keynesian Phillips curve that relate...
Recently, single equation approaches for estimating structural models have become popular in the mon...
Recently, single-equation estimation by the generalized method of moments (GMM) has become popular i...
Recently, single-equation estimation by the generalized method of moments (GMM) has become popular i...
Recently, single-equation GMM methods have become popular in the monetary economics literature, for ...
Abstract Limited-information methods are commonly used to estimate forward-looking models with ratio...
Limited-information methods are commonly used to estimate forwardlooking models with rational expect...
Limited-information methods are commonly used to estimate forwardlooking models with rational expect...
Single-equation GMM methods are commonly used to estimate forward-looking mod-els with rational expe...
Limited-information methods are commonly used to estimate forwardlooking models with rational expect...
Limited-information methods are commonly used to estimate forward-looking models with rational expec...
This paper compares different methods for estimating forward-looking output and inflation Euler equa...
This thesis investigates weak identification when a forward looking Taylor rule is estimated with GM...
Thesis (Ph.D.)--University of Washington, 2015The dissertation explores the links between macroecono...
Most rational expectations models involve equations in which the dependent variable is a function of...
Galí and Gertler (1999) developed a hybrid variation of the New Keynesian Phillips curve that relate...