Structural Inference and the Lucas Critique

We develop a structural model that aims at characterizing a set of restrictions allowing for a statistical evaluation of the effect of changes in monetary policy rules on aggregate dynamics at business cycle frequency. Standard econometric tools are first used to reveal and estimate changes in monet...

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Bibliographic details
Main Author: Fabrice Collard
Patrick Fève
François Langot
Format: Journal Article
Language: English
Place of publication: Paris ADRES (Association pour le Développement de la Recherche en Économie et en Statistique) 01.07.2002
Institut national de la statistique et des études économiques
published in: Annales d'économie et de statistique no. 67/68; pp. 183 - 206
Data of publication: 20020701
ISSN: 0769-489X
EISSN: 2272-6497
Discipline: Economics
Applied Sciences
Online Access: Fulltext
Database: Pascal-Francis
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