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 2272-6497
EISSN:	2272-6497
Discipline:	Economics Mathematics Applied Sciences Statistics
Subjects:	Economic models Money supply Economic fluctuations Monetary policy rule Monetary policy Inference Economic policy Nominal interest rates Lucas critique Parametric models Linear inference, regression Operational research and scientific management Exact sciences and technology Applied sciences General Mathematics Probability and statistics Statistics Operational research. Management science Sciences and techniques of general use Finance Household Econometric model Criticism Statistical decision Equilibrium Decision rule Statistical test Theoretical framework Macroeconomics Society Econometrics Lucas critique
Online Access:	Fulltext
Database:	Pascal-Francis CrossRef Database information Databases - DBIS