Technology shocks and aggregate fluctuations in an estimated hybrid RBC model

DOI10.1016/J.JEDC.2010.01.017MaRDI QIDQ975889zbMATH OpenOpenAlexFDO

Authors Jim Malley, Ulrich Woitek

Publication date 11 June 2010

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jedc.2010.01.017

zbMATH Keywords

Bayesian estimationmeasurement errorsreal business cycletechnology shocks

Mathematics Subject Classification ID

Economic time series analysis (91B84) Dynamic stochastic general equilibrium theory (91B51)

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Cites work

• scientific article; zbMATH DE number 51202 (Why is no real title available?)
• scientific article; zbMATH DE number 777596 (Why is no real title available?)
• A Bayesian approach to dynamic macroeconomics
• A method for taking models to the data
• An Econometric Study of Hours and Output Variation with Preference Shocks
• An Equilibrium Model of the Business Cycle With Household Production and Fiscal Policy
• Business Cycle Accounting
• Comparing dynamic equilibrium models to data: a Bayesian approach
• Labor and investment frictions in a real business cycle model
• Marginal Likelihood From the Metropolis–Hastings Output
• Methods to estimate dynamic stochastic general equilibrium models
• Real business-cycle theory. Wisdom or whimsy?
• Technology shocks and the business cycle: On empirical investigation
• Time Varying Structural Vector Autoregressions and Monetary Policy
• Time to Build and Aggregate Fluctuations: Some New Evidence

Cited in

(5)

• The effects of permanent technology shocks on hours: can the RBC-model fit the VAR evidence?
• Multipliers of unexpected increases in defense spending: an empirical investigation
• A method for taking models to the data
• Time to Build and Aggregate Fluctuations: Some New Evidence
• Estimation of continuous-time linear DSGE models from discrete-time measurements

Describes a project that uses

Uses Software

• bvarsv

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