Identification Problems in the Solution of Linearized DSGE Models Documento de trabajo uri icon

Abstracto

  • This article analyzes identification problems that may arise while linearizing and solving DSGE models. A criterion is proposed to determine whether or not a set of parameters is partially identifiable, in the sense of Canova and Sala (2009), based on the computation of a basis for the null space of the Jacobian matrix of the function mapping the parameters with the coefficients in the solution of the model.

fecha de publicación

  • 2010-03

Palabras clave

  • DSGE Models
  • Parameter Identification

Número

  • 593