We review the methods used in many papers to evaluate DSGE models by comparing their simulated moments with data … moments. We compare these with the method of Indirect Inference to which they are closely related. We illustrate the …

Bayesian econometric method that uses conjugate conditionals to make the estimation of DSGE models with correlated disturbances …The dynamic stochastic general equilibrium (DSGE) models that are used to study business cycles typically assume that … disturbances resolves some conflicts between estimates from DSGE models and those from vector autoregressions, and that a key …

We review the methods used in many papers to evaluate DSGE models by comparing their simulated moments and other …

The Paper studies the inflation rate associated with optimal monetary policy in a standard suite of DSGE models, when …

One of the leading methods of estimating the structural parameters of DSGE models is the VAR-based impulse response … the application of the delta method holds. Our analysis sheds new light on the choice of the weighting matrix and covers … both weakly and strongly identified DSGE model parameters. We also show that under our assumptions special care is needed …

Using Monte Carlo experiments, we examine the performance of indirect inference tests of DSGE models in small samples …

We extend the method of indirect inference testing to data that is not filtered and so may be non-stationary. We apply … the method to an open economy real businss cycle model on UK data. We review the method using a Monte Carlo experiment and …