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    Published on Wednesday, September 10, 2014 | Updated on Thursday, February 19, 2015

    Estimating Dynamic Equilibrium Models with Stochastic Volatility

    Summary

    This paper develops a particle altering algorithm to estimate dynamic equilibrium models with stochastic volatility using a likelihood-based approach.

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    Authors

    Jesús Fernández-Villaverde
    Pablo Guerrón-Quintana
    Juan Rubio Emory University, CEPR and Federal Reserve of Atlanta - External partner

    Documents and files


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    Report (PDF)

    WP14-24_Models

    English - September 10, 2014

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