Identification-robust analysis of DSGE and structural macroeconomic models

► We propose two system-based identification-robust methods for DSGE models. ► Valid under weak identification and auxiliary assumptions that complete models. ► We apply to an illustrative New Keynesian system estimated using U.S. data. ► Complete model is rejected; forcing variable coefficients are insignificant. ► But NKPC is forward-looking; precise estimates obtained in Taylor rule.