The 'Puzzles' methodology: En route to Indirect Inference?

C-Tier
Journal: Economic Modeling
Year: 2010
Volume: 27
Issue: 6
Pages: 1417-1428

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We review the methods used in many papers to evaluate DSGE models by comparing their simulated moments with data moments. We compare these with the method of Indirect Inference to which they are closely related. We illustrate the comparison with contrasting assessments of a two-country model in two recent papers. We conclude that Indirect Inference is the proper end point of the puzzles methodology.

Technical Details

RePEc Handle
repec:eee:ecmode:v:27:y:2010:i:6:p:1417-1428
Journal Field
General
Author Count
3
Added to Database
2026-01-25