DSGE models. U.S. output growth and the federal funds rate display nonlinear conditional mean dynamics, while inflation and … inflation and wage dynamics, thanks to the estimated downward wage/price rigidities, these do not spill over to output growth or …

: randomized controlled trials (RCT) and structural estimation. The RCT provides a "gold-standard'' estimate of a particular … treatment, but only of that treatment. Structural estimation provides the capability to extrapolate beyond the experimental … out from the structural estimation exercise either the treatment or control sample allows for external validation of the …

In this paper, we perform a structural Bayesian estimation of the contribution of anticipated shocks to business cycles …

We develop a new parametric estimation procedure for option panels observed with error which relies on asymptotic …

estimation procedure for these models and evaluate its efficiency and computational feasibility relative to different approaches … proposed estimation procedure to understand how group interactions affect health-related choices. We find that interaction …

We develop and estimate a general equilibrium model in which monetary policy can deviate from active inflation …