Variable mismeasurement in a class of DSGE models: Comment

This comment points out mismeasurement of variables in the DSGE model in Smets and Wouters (2007) and in models that follow the Smets-Wouters measurement procedures. The mismeasurement errors appear to be large.

Abstract: This comment points out mismeasurement of variables in the DSGE model in Smets and Wouters (2007) and in models that follow the Smets-Wouters measurement procedures. The mismeasurement errors appear to be large.
Document Control Number(s): CFP 1783
Author(s): Ray C. Fair
Publication Link: Variable mismeasurement in a class of DSGE models: Comment
Page Count: 0
Publication Date: December 2020
Revision Date: July 2022