Seminar

Past

Dynamic Identification in VARs

Patrick Fève

  • Date16 November 2023
  • Time 16h00 - 16h45
  • Room Auditorium 3

Résumé

Most macroeconomic models, view economic outcomes as being generated by a combination of endogenous and exogenous dynamic forces. In particular, the exogenous forces are generally modeled as a set of independent dynamics processes. In this paper we begin by showing that this dual dynamic structure is sufficient to identify the entire set of structural impulse responses inherent to any such model. No extrarestrictions are needed. We then use this result to suggest how it can be used to evaluate common SVAR restrictions (impact restrictions, long run restrictions and proxy-VAR).

Other seminars

Past

Signal Extraction in Hiring: Evidence from Teacher Recruiting

  • Seminar

  • TSE internal seminars

  • Date 9 October 2026

  • Place A3 Jean-Jacques Laffont

  • Speaker or organiser Matteo Bobba

Détails

Past

Two Wrongs Can Sometimes Make a Right: The Environmental Benefits of Market Power in the Oil Sector

  • Seminar

  • TSE internal seminars

  • Date 9 October 2026

  • Place A3 Jean-Jacques Laffont

  • Speaker or organiser Charlotte De Cannière

Détails

Past

AI in Cybersecurity: an Equilibrium Approach

  • Seminar

  • TSE internal seminars

  • Date 9 October 2026

  • Place A3 Jean-Jacques Laffont

  • Speaker or organiser Alexandre de Cornière

Détails