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Measuring the dynamic characteristics of a shock-excited spectrum analyzer

✍ Scribed by V. P. Trofimov; Yu. V. Ivanov

Publisher
Springer US
Year
1987
Tongue
English
Weight
289 KB
Volume
30
Category
Article
ISSN
0543-1972

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✍ JesΓΊs Gonzalo; Serena Ng πŸ“‚ Article πŸ“… 2001 πŸ› Elsevier Science 🌐 English βš– 172 KB

This paper proposes a systematic framework for analyzing the dynamic e!ects of permanent and transitory shocks on a system of n economic variables. We consider a two-step orthogonolization on the residuals of a VECM with r cointegrating vectors. The "rst step separates the permanent from the transit