MAGNUSSON, LEANDRO M.; MAVROEIDIS, SOPHOCLES - In: Journal of Money, Credit and Banking 42 (2010) 2-3, pp. 465-481
Limited-information identification-robust methods on the indexation and price rigidity parameters of the New Keynesian Phillips Curve yield very wide confidence intervals. Full-information methods impose more restrictions on the reduced-form dynamics and thus make more efficient use of the...