Measuring Economic Growth with a Fully Identified Three-Signal Model
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We augment Henderson et al. (2012)s two-signal model of true GDP growth with a third signal to overcome its under-identification problem. The additional moment conditions from the third signal help fully identify all model parameters without ad-hoc calibrations of the GDPs signal-to-noise ratio. We
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美国国家经济研究局创建时间：
2023-07-01
