2. (30 points) Joe estimates a structural VAR using output (y), money (m), and inflation (i) such that the contemporaneo

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

2. (30 points) Joe estimates a structural VAR using output (y), money (m), and inflation (i) such that the contemporaneo

Post by answerhappygod »

2 30 Points Joe Estimates A Structural Var Using Output Y Money M And Inflation I Such That The Contemporaneo 1
2 30 Points Joe Estimates A Structural Var Using Output Y Money M And Inflation I Such That The Contemporaneo 1 (70.2 KiB) Viewed 18 times
2. (30 points) Joe estimates a structural VAR using output (y), money (m), and inflation (i) such that the contemporaneous relationships among the variables are: 1 Uyt Cyt 0-6:9(0) 1 Uit eit = α32 Umt emt a31 where eyt, emt, eit are the regression residual from the yt, mt, and it equations, and Uyt, Umt, Uit are the structural shocks to yt, mɩ, and it, respectively. Is this set of economic restrictions plausible? Provide a plausible economic interpretation of this set of restrictions.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”