Comments on “Convergence Properties of the Likelihood of Computed Dynamic Models”.
We show by counterexample that Proposition 2 in Fernández-Villaverde, Rubio-Ramirez, and Santos (Econometrica (2006), 74, 93-1.19) is false. We also show that even if their Proposition 2 were corrected, it would be irrelevant for parameter estimates. As a more constructive contribution, we consider...
| Publicado en: | Econometrica Vol. 77; no. 6; pp. 2009 - 2018 |
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| Autores principales: | , , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
November 2009
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |