Is there any paper that compares the pros and cons of different methods of estimation of a DSGE model? e.g, Baysian vs. IRF Matching?
Try Ruge-Murcia (2007): Methods to estimate dynamic stochastic general equilibrium models at https://doi.org/10.1016/j.jedc.2006.09.005
There is also some discussion at Why there is no GMM/SMM functions in Dynare
Thank you so much.
It’s a great paper! I was not of aware of that.