Cúrdia, Vasco; Finocchiaro, Daria - In: Journal of Economic Dynamics and Control 37 (2013) 4, pp. 756-773
This paper proposes a method to structurally estimate a model with a regime shift and evaluates the importance of acknowledging the break in the estimation. We estimate a DSGE model on Swedish data taking into account the regime change in 1993, from exchange rate targeting to inflation...