000 | 01921cam a22003257 4500 | ||
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001 | w8941 | ||
003 | NBER | ||
005 | 20211020113215.0 | ||
006 | m o d | ||
007 | cr cnu|||||||| | ||
008 | 210910s2002 mau fo 000 0 eng d | ||
100 | 1 | _aCooper, Russell W. | |
245 | 1 | 0 |
_aEstimation and Identification of Structural Parameters in the Presence of Multiple Equilibria / _cRussell W. Cooper. |
260 |
_aCambridge, Mass. _bNational Bureau of Economic Research _c2002. |
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300 |
_a1 online resource: _billustrations (black and white); |
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490 | 1 |
_aNBER working paper series _vno. w8941 |
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500 | _aMay 2002. | ||
520 | 3 | _aThis paper studies quantitative implications of model economies that exhibit multiple equilibria. The goal is to assess two interrelated issues. First, do economies with multiple equilibria have falsifiable predictions? Second, is identification possible in economies that exhibit multiple equilibria? Put differently, are these economies observationally equivalent to economies with unique equilibria? We raise these questions within a general framework and then study a series of examples to determine how the existing literature has addressed them. | |
530 | _aHardcopy version available to institutional subscribers | ||
538 | _aSystem requirements: Adobe [Acrobat] Reader required for PDF files. | ||
538 | _aMode of access: World Wide Web. | ||
588 | 0 | _aPrint version record | |
690 | 7 |
_aE1 - General Aggregative Models _2Journal of Economic Literature class. |
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690 | 7 |
_aE3 - Prices, Business Fluctuations, and Cycles _2Journal of Economic Literature class. |
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710 | 2 | _aNational Bureau of Economic Research. | |
830 | 0 |
_aWorking Paper Series (National Bureau of Economic Research) _vno. w8941. |
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856 | 4 | 0 | _uhttps://www.nber.org/papers/w8941 |
856 |
_yAcceso en lĂnea al DOI _uhttp://dx.doi.org/10.3386/w8941 |
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942 |
_2ddc _cW-PAPER |
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_c339250 _d297812 |