Filippeli, Thomai; Theodoridis, Konstantinos - 2014
methodology of constructing Dynamic Stochastic General Equilibrium (DSGE) consistent prior distributions for Bayesian Vector … Chernozhukov and Hong (2003) and Theodoridis (2011) to derive the quasi Bayesian posterior distribution of the DSGE parameter … Ravenna (2007) regarding structural VAR (SVAR) models and the normal prior density of the DSGE parameter vector. In line with …