Hello to everyone,
Is there any way to estimate a non-observable variable? In this case, the equation is a foward-looking Taylor rule and the non-observable variable is the equilibrium nominal interest rate (or neutral/natural rate).
Regards,
Flávio Samara
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- Wed Oct 06, 2010 12:16 pm
- Forum: Econometric Discussions
- Topic: Estimating non-observable variables
- Replies: 1
- Views: 2705