Corsetti, Giancarlo; Dedola, Luca; Leduc, Sylvain - 2009
natural focus for studies of the international transmission mechanism is on the
tradable sector, which we identify with … studies
focused on small open economies. In our case, however, a symmetry assumption is not
obviously consequential, as we …-economy VAR studies, we deal with the curse of dimensionality
(due to including too many variables with relatively short samples …