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by smaha
Thu Oct 30, 2008 10:18 am
Forum: CATS Questions
Topic: SVECM
Replies: 11
Views: 27727

SVECM

Can I put short-run restrictions on contemporaneous impacts of endogenous variables (similar to Bernanke-Sims) on an estimated VECM to uncover the structural shocks. Steps i want to follow is> Johansen cointegration to determine rank of cointegration> put long-run restrictions to uncover cointegrati...