Koop, Gary; Pesaran, M. Hashem; Smith, Ron - Economics Department, University of Strathclyde - 2011
In recent years there has been increasing concern about the identification of parameters in dynamic stochastic general equilibrium (DSGE) models. Given the structure of DSGE models it may be di¢ cult to deter- mine whether a parameter is identi?ed. For the researcher using Bayesian methods, a...
