Özbek, L.Özlale, ÜmitÖztürk, F.2020-10-202020-10-2020031303-0701http://hdl.handle.net/11693/54269In this study, the estimation power of Extended Kalman Filter is tested within a simple Keynesian macroeconomic model. After the model is written in a non-linear state space form, Extended Kalman Filter emerges as the appropriate methodology to estimate both state variables and the parameters. The simulation results suggest that such a methodology can also be employed in explaining more complex macroeconomic dynamics.EnglishExtended kalman filterArticle