Policy Predictions If the Model Does Not Fit
使用一种新方法，在DSGE模型可能设定错误的情况下进行政策分析，并应用于一个简单的新凯恩斯DSGE模型，说明结果对模型错误设定政策不变性假设的敏感性。
Abstract: This paper uses a novel method for conducting policy analysis with potentially misspecified DSGE models (Del Negro and Schorfheide 2004) and applies it to a simple New Keynesian DSGE model. We illustrate the sensitivity of the results to assumptions on the policy invariance of model misspecifications.