Dufour, Jean-Marie; Khalaf, Lynda; Kichian, Maral - In: Journal of Monetary Economics 60 (2013) 3, pp. 340-350
Full- and limited-information identification-robust methods are proposed for structural systems, notably DSGE models, which are valid whether identification is weak or strong, theory-intrinsic or data-specific. The proposed methods are applied to a standard New Keynesian system for the U.S....