; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "Dynamic Equilibrium Economies: A Framework for Comparing Models and Data"; ; "batchuser@example.com"; "Diebold, Francis X., 1959-", "Ohanian, Lee E.", "Berkowitz, Jeremy"; "Federal Reserve Bank of Minneapolis"; "C22 - Single Equation Models; Single Variables: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes", "C14 - Semiparametric and Nonparametric Methods: General", "C52 - Model Evaluation, Validation, and Selection"; "We propose a constructive, multivariate framework for assessing agreement between (generally misspecified) dynamic equilibrium models and data, a framework which enables a complete second-order comparison of the dynamic properties of models and data. We use bootstrap algorithms to evaluate the significance of deviations between models and data, and we use goodness-of-fit criteria to produce estimators that optimize economically relevant loss functions. We provide a detailed illustrative application to modeling the U.S. cattle cycle."^^; "1998-01"; "2019-08-20T22:44:49.551008158+00:00"^^; "https://doi.org/10.21034/sr.243"; ; "https://creativecommons.org/licenses/by-nc/4.0/"; "Thu Nov 7 22:27:47 2019"; "https://creativecommons.org/licenses/by-nc/4.0/"; "Research Paper"; "75", "189", "572"; "Staff report (Federal Reserve Bank of Minneapolis. Research Department)"; "243"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Research Department"; "Published in: _Review of Economic Studies_ (Vol. 65, No. 3, July 1998, pp. 433-451) https://doi.org/10.1111/1467-937X.00052. "^^; ; "Publication" . ; .