Bayesian Analysis of DSGE Models—Rejoinder |
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Authors: | Sungbae An |
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Institution: | School of Economics and Social Sciences , Singapore Management University , Singapore |
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Abstract: | We would like to thank all the discussants for their stimulating comments. While our article to a large extent reviews current practice of Bayesian analysis of Dynamic Stochastic General Equilibrium (DSGE) models the discussants provide many ideas to improve upon the current practice, thereby outlining a research agenda for the years to come. In our rejoinder we will briefly revisit some of the issues that were raised. |
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Keywords: | Bayesian analysis DSGE models Hybrid MCMC algorithm Identification |
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