Identification in Macroeconomics
Identification in Macroeconomics (with Emi Nakamura)
Journal of Economic Perspectives, 32(3), 59-86, Summer 2018.
Slides -- Appendix -- Replication Material
Often the causal effects we can estimate don’t answer the question we are interested in. But causal effects estimates can also be used to distinguish between competing structural models and in that way indirectly shed light on questions of interest.