The ‘Puzzles’ methodology: En route to Indirect Inference?

We review the methods used in many papers to evaluate DSGE models by comparing their simulated moments with data moments. We compare these with the method of Indirect Inference to which they are closely related. We illustrate the comparison with contrasting assessments of a two-country model in two recent papers. We conclude that Indirect Inference is the proper end point of the puzzles methodology.     

A comment on ‘Is the spurious regression problem spurious?’

McCallum (2010) presented evidence that the spurious regression problem can be solved by standard means. We show using finite-sample evidence that the spurious regression problem cannot always be fixed using standard autocorrelation correction procedures and remains, therefore, a not-so-spurious problem.     

Competition in the traditional sector does not matter for the ‘Core–Periphery’ model

We modify Paul Krugman’s (1991) ‘Core–Periphery’ model by replacing the traditional competitive sector with a monopolistically competitive one. We show that the structure of spatial equilibria remains the same as in the original model. This result continues to hold true under Cournot or Bertrand oligopolistic competition with free entry in the traditional sector. The key factor that explains why the nature of competition in the traditional sector does not matter for the spatial equilibria is constant expenditure shares–due to nested Cobb–Douglas and CES preferences–which imply that trade in the traditional sector is independent from its sectoral characteristics.     

新闻与石印:<<点石斋画报>>之成立

《点石斋画报》作为晚清文化界的一个标志性事件,开启了中国近代雅谷共赏的“画报”体式。它兼及“新闻”与“美术”,不仅为我们保留了晚清社会的诸面相,还让我们体会到中国美术的嬗变。     

读·者·来·信

人民币升值凸显政府智慧；股权分置改革：“情侣博弈”；《顾雏军之后谁狂欢》见解深刻，引人深思；宏观调控取向：结构与总量之辨；英文索引能否提前；民营石油崛起尚需时日；资本市场应当放眼全球；     

;apply example ; effect appraisement; innov

学报Journal of Beijing Union University84-88G434H127;35;H;CH127_35;窦晓霞00030001000784-88国内外高校特殊教育专业课程设置的比较研究曲学利,王文艳,许华红北京联合大学特殊教育学院,北京联合大学特殊教育学院,北京联合大学特殊教育学院 北京　100075 ,北京　10     

桐乡"双手"推"双百"

桐乡市工业经济"双百工程"具体又分为"百企千亿工程"和"百家成长工程".     

"三法"破中小企业"三难"

今年是"十二五"规划的开局之年,我省中小企业在国家宏观调控趋紧的大背景下,遇到的困难比过去的两年都更为严重.其中突出的是"融资难"、"创业创新难"和"用地难"等"三难",化解"三难"需要推出三大强力举措.     

057;5;EE057_5;李玉琪00090003000200210005;000900030

0009;000900030006211-213HPLC法测定丁香油-β-环糊精中丁香酚的含量赵阳,张纯,郭澄,邵元福中国人民解放军第二军医大学长征医院药材科!上海200003,中国人民解放军第二     

贪官·学习·悔悟

近日，阅读有关案例，发现曾是高层领导的腐败分子在自己的忏悔录里，“学习”两字出现的频率最高。贵州省原省委书记、省人大主任刘方仁：“我这次犯错误的一个重要原因是自己没有很好地学习……”云南省原省长要嘉廷：“自己之所以犯了这么严重的错误，主要是长期以来放松了政治理论的学习……”公安部原副部长李纪周：“我走了上犯罪道路的原因和教训是长期放松政治学习……”。掩卷深思，这些人为何在锒铛入狱、身陷囹圄时才感叹学习之重要，若是在位时就能把学习真正当成是谋事、做人的第一需     

先进性·实践·主体性

全党开展的保持共产党员先进性教育活动即将胜利结束。从哲学的层面上思考这次教育活动取得的成功经验，使其升华为具有普遍意义的理论成果，有助于发现先进性教育活动中内在的具有本质性、必然性的联系，从而为建立保持共产党员先进性的长效机制，提供科学的理论依据。