Identification problems in the solution of linearized DSGE models

Borradores de Economia
Number: 
593
Published: 
Classification JEL: 
C13, C51, C52, E32
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
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This article analyzes identification problems that may arise while linearizing and solving DSGE models. A criterion is proposed to determine whether or not a set of parameters is partially identifiable, in the sense of Canova and Sala (2009), based on the