@techreport{Meenagh2012Testing,
abstract = {We extend the method of indirect inference testing to data that is not filtered and so may be non-stationary. We apply the method to an open economy real business cycle model on UK data. We review the method using a Monte Carlo experiment and find that it performs accurately and has good power.},
address = {Cardiff},
author = {David Meenagh and Patrick Minford and Michael Wickens},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {C12; C32; C52; E1; 330; bootstrap; DSGE; VECM; indirect inference; Monte Carlo; \"{O}konometrisches Makromodell; Real Business Cycle; Offene Volkswirtschaft; Statistischer Test; Inferenzstatistik; Sch\"{a}tzung; Gro\ss{}britannien},
language = {eng},
number = {E2012/17},
publisher = {Cardiff Univ, Cardiff Business School, Economics Section},
title = {Testing macroeconomic models by indirect inference on unfiltered data},
type = {Cardiff Economics Working Papers},
url = {http://hdl.handle.net/10419/65819},
year = {2012}
}
