Identifying modern macro equations with old shocks

DOI10.1093/QJE/QJAA022MaRDI QIDQ5149943zbMATH OpenOpenAlexFDO

Authors Regis Barnichon, Geert Mesters

Publication date 9 February 2021

Published in The Quarterly Journal of Economics (Search for Journal in Brave)

Full work available at URL https://econ-papers.upf.edu/papers/1659.pdf

zbMATH Keywords

Euler equationsmonetary policy rulesPhillips curvesstructural forward-looking macroeconomic equations

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Recommendations

• Identification Using Stability Restrictions
• Instrument selection for estimation of a forward-looking Phillips curve
• Efficient estimation with time-varying information and the New Keynesian Phillips curve
• Estimation and inference of dynamic structural factor models with over-identifying restrictions
• A new approach to measuring economic policy shocks, with an application to conventional and unconventional monetary policy

Cited in

(7)

• Instrument selection for estimation of a forward-looking Phillips curve
• The Amiti-Weinstein estimator: an equivalence result
• Identification-Robust Inference With Simulation-Based Pseudo-Matching
• Trend inflation and weak identification in the New Keynesian Phillips curve
• Missing growth and economic fluctuations: empirical evidence from Korea
• Can deficits finance themselves?
• Dissecting the Phillips curve: evidence from cross-sectional heterogeneity and regime-dependent nonlinearity

This page was built for publication: Identifying modern macro equations with old shocks

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q5149943)