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

Borradores de Economia
Número: 
686
Publicado: 
Palabras clave: 
S-VAR, B-VAR, VAR-X, IRF

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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