primarily from the identification strategy proposed in the Paper, which substitutes theoretical restrictions for the …

with generalized driving processes should be treated with caution, and that there exists a tradeoff between identification …

DSGE model. The first selects the vector of observables that optimizes parameter identification; the second the vector that …

asymptotically valid regardless of the strength of the identification. …

identification problems due, in large part, to the nature of DSGE models. The problems can be patched up in a number of ways, but …

We investigate identification issues in DSGE models and their consequences for parameter estimation and model … equivalence, partial and weak identification problems are widespread and typically produced by an ill-behaved mapping between the … structural parameters and the coefficients of the solution. Different objective functions affect identification and small samples …

terms of trade. To achieve identification, we derive robust restrictions on the sign of several impulse responses from a two …