Calibration and the estimation of macroeconomic models
We propose two measures of the impact of calibration on the estimation of macroeconomic models. The first quantifies the amount of information introduced with respect to each estimated parameter as a result of fixing the value of one or more calibrated parameters. The second is a measure of the sens...
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| Format: | workingPaper |
| Language: | eng |
| Published: |
2018
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| Online Access: | http://hdl.handle.net/10400.5/16015 |
| Country: | Portugal |
| Oai: | oai:www.repository.utl.pt:10400.5/16015 |