Abstract
This chapter provides the results of estimation of the multimarket disequilibrium model outlined in Chapters 8 and 9 with excess demand indicators ZL, ZI, and ZC (or XCON) from Chapter 10. Estimation equations are obtained from the structural system in a manner similar to that implemented for a single market model in Part III, although intermarket spillovers are explicitly included.
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© 1987 Springer-Verlag Berlin Heidelberg
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Rudebusch, G.D. (1987). Estimation and Results. In: The Estimation of Macroeconomic Disequilibrium Models with Regime Classification Information. Lecture Notes in Economics and Mathematical Systems, vol 288. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-45625-1_11
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DOI: https://doi.org/10.1007/978-3-642-45625-1_11
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-17757-9
Online ISBN: 978-3-642-45625-1
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