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We advance the proposition that dynamic stochastic general equilibrium (DSGE) models should not only be estimated and evaluated with full information methods. These require that the complete system of equations be specified properly. Some limited information analysis, which focuses upon specific...
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AbstractThe following sections are included:IntroductionThe Economics 101 ModelThe Credit Rationing ModelSocial PlannerDecentralized EquilibriumConclusionsReferencesAppendix A
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