English, Article, Journal or magazine article edition: Comment to "Weak Instruments Robust tests in GMM and the New Keynesian Phillips curve" by Frank Kleibergen and Sophocles Mavroeidis Fabio Canova

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Bookmark: http://trove.nla.gov.au/version/155494
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Comment to "Weak Instruments Robust tests in GMM and the New Keynesian Phillips curve" by Frank Kleibergen and Sophocles Mavroeidis
Author
  • Fabio Canova
Physical Description
  • preprint
Notes
  • I discuss the identifiability of a structural New Keynesian Phillips curve when it is embedded in a small scale dynamic stochastic general equilibrium model. Identification problems emerge because not all the structural parameters are recoverable from the semi-structural ones and because the objective functions I consider are poorly behaved. The solution and the moment mappings are responsible for the problems.
  • Identification, DSGE models, New Keynesian Phillips curve, Identification robust estimation methods
  • RePEc:upf:upfgen:1159
Language
  • English
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