Rejoinder.

Journal of Business and Economic Statistics. July 1, 2009, 27(3): 331-339. doi:10.1198/jbes.2009.08350. In our article, we explain that the coefficients of the NKPC are not identified when λ = 0. For analytical tractability, our identification analysis was based on the pure forward-looking version of...

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Bibliographic Details
Main Authors: Kleibergen, F, Mavroeidis, S
Format: Journal article
Language:English
Published: 2009