, with both real and nominal frictions, and with sufficiently wide ranges for their parameterers. This identification …

, with both real and nominal frictions, and with sufficiently wide ranges for their parameters. This identification strategy …

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

use a novel identification scheme in a structural vector-autoregressive (SVAR) framework. Our results show that noise …

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

observational equivalence, partial and weak identification problems are widespread, that they lead to biased estimates, unreliable t … identification and study how small samples interact with parameters and shock identification. We provide diagnostics and tests to … detect identification failures and apply them to a state-of-the-art model. …