𝔖 Bobbio Scriptorium
✦   LIBER   ✦

The Role of Portfolio Shocks in a Structural Vector Autoregressive Model of the Australian Economy

✍ Scribed by RENÉE FRY; JAMES HOCKING; VANCE L. MARTIN

Book ID
111208539
Publisher
John Wiley and Sons
Year
2008
Tongue
English
Weight
536 KB
Volume
84
Category
Article
ISSN
0013-0249

No coin nor oath required. For personal study only.

📜 SIMILAR VOLUMES

Estimating structural macroeconomic shoc
Estimating structural macroeconomic shocks through long-run recursive restrictions on vector autoregressive models: the problem of identification
✍ Mark P. Taylor 📂 Article 📅 2004 🏛 John Wiley and Sons 🌐 English ⚖ 683 KB

## Abstract We demonstrate that a popular method of estimating underlying structural macroeconomic shocks and their impulse–response functions through recursive long‐run structural restrictions on a vector autoregressive representation is not uniquely identified. We show, however, that it may be po