Rare shocks, great recessions

By Vasco Cúrdia, MarcoDel Negro, D. Greenwald. 2013

126 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/d53236b00c3f779e9497482c40901124ffd15066

Citations in the corpus

• More is different ... and complex! the case for agent-based macroeconomics (2019, unknown): “Curdia et al. (2014) estimate the Smets and Wouters (2007) model assuming Student’s t-distributed shocks.”
• Identification and estimation of non-Gaussian structural vector autoregressions (2015, unknown): “, Fry and Pagan, 2011). Compared to the previous literature on identification in SVAR models exploiting non-Gaussianity, our approach is quite general. Similarly to us, Hyvärinen et al. (2010) and Moneta et al. (2013) also assume independence and non-Gaussianity, but, in addition, they impose a recu”
• Macroeconomic Policy in DSGE and Agent-Based Models (2012, unknown): “Nevertheless, the success of ACE models in delivering policy implications while simultaneously explaining the observed micro and macro stylized facts are encouraging for the development of a new way of doing macroeconomic theory.”