EconPapers    
Economics at your fingertips  
 

Maximum likelihood in the frequency domain: the importance of time-to-plan

Lawrence Christiano () and Robert Vigfusson ()

No 106, Working Papers (Old Series) from Federal Reserve Bank of Cleveland

Abstract: The authors illustrate the use of various frequency-domain tools for estimating and testing dynamic, stochastic, general-equilibrium models. Their substantive results confirm other findings that suggest that time-to-plan in investment technology has a potentially useful role to play in business-cycle models.

Keywords: Business; cycles (search for similar items in EconPapers)
Date: 2001, Revised 2001
New Economics Papers: this item is included in nep-ecm and nep-ets
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link)
https://www.clevelandfed.org/~/media/content/newsr ... ance%20pdf.pdf?la=en Full text (application/pdf)

Related works:
Journal Article: Maximum likelihood in the frequency domain: the importance of time-to-plan (2003) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedcwp:0106

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Working Papers (Old Series) from Federal Reserve Bank of Cleveland Contact information at EDIRC.
Bibliographic data for series maintained by ().

 
Page updated 2020-07-31
Handle: RePEc:fip:fedcwp:0106