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• W4318455278 abstract "Abstract We test the standard New Keynesian (NK) dynamic stochastic general equilibrium (DSGE) model with and without inattentiveness features, where inattentiveness is modeled either in the form of sticky information (SI) or imperfect information (IF) data revision. All models are estimated and tested by indirect inference. The estimated model with sticky information somewhat outperformed the estimated NK model with full‐information rational expectation (FIRE), though both passed the test easily, while the model with IF data revision was strongly rejected." @default.
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• W4318455278 date "2023-02-15" @default.
• W4318455278 modified "2023-10-06" @default.
• W4318455278 title "Evaluation and indirect inference estimation of inattentive features in a New Keynesian framework" @default.
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• W4318455278 doi "https://doi.org/10.1002/for.2950" @default.
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