Browsing MIT Dept. of Economics Working Papers Series by Author "Andrews, Isaiah"

Now showing items 1-2 of 2

    • A Geometric Approach to Weakly Identified Econometric Models 

      Andrews, Isaiah; Mikusheva, Anna (Cambridge, MA: Department of Economics, Massachusetts Institute of Technology, 2012-05-29)
      Many nonlinear Econometric models show evidence of weak identification, including many Dynamic Stochastic General Equilibrium models, New Keynesian Phillips curve models, and models with forward-looking expectations. In ...

    • Maximum Likelihood Inference in Weakly Identified DSGE Models 

      Andrews, Isaiah; Mikusheva, Anna (Cambridge, MA: Department of Economics, Massachusetts Institute of Technology, 2011-03-21)
      This paper examines the problem of weak identification in maximum likelihood, motivated by problems with estimation and inference a multi-dimensional, non-linear DSGE model. We suggest a test for a simple hypothesis ...