An Introductory Review of a Structural VAR-X Estimation and Applications

Borradores de Economia
Number: 
686
Published: 
Keywords: 
Human capital agglomeration, Social returns, Private returns
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This document presents how to estimate and implement a structural VAR-X model under long run and impact identification restrictions. Estimation by bayesian and maximum likelihood methods is presented. Applications of the structural VAR-X for impulse respo