The RBC models through statistical inference: An application with french data
用广义矩方法估计结构参数，检验劳动市场三种假设（休闲非时间可分、劳动不可分、信息不完全），评估RBC模型模拟法国经济周期的能力。
The aim of this paper is to evaluate the capacity of RBC models to mimic the French business cycle. We are thus led to investigate the three following assumptions on the labour market: (1) the non-time separability of leisure, (2) the indivisibility of labour and (3) the imperfect information on labour market and time-varying effort. Using the General Method of Moments, we estimate the structural parameters and we test (1) the model's hypothesis using a set of overidentifying restrictions and (2) the model's implications, i.e. its ability to reproduce the cyclical features of the French economy.