This article proposes an alternative methodology to estimate impulse response functions without imposing parametric restrictions. The impulse responses are estimated by regressing the series of ...
Impulse response functions from time series models are standard tools for analyzing the relationship between economic variables. The asymptotic distribution of orthogonalized impulse responses is ...
In the following animation, we see this four-step process to aid us in interpreting the resonance response of a single-DOF oscillator to harmonic excitation. From this, we see that the response ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation We employ a structural panel VAR model with interaction terms to identify determinants of effective transmission from ...