An Alternative Identification of the Economic Shocks in SVAR Models

The purpose of this paper is to develop a new approach allowing us to identify the structural shocks in the SVAR model. This approach ameliorates substantially the decomposition methods of Bernanke (1986) and Bernanke & Mihov (1998) and improves in the same way the identification procedures pioneered by Blanchard & Quah (1989) and Blanchard & Perotti (2002).

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Year of publication:	2009
Authors:	Ghassan, Hassan Belkacem ; Souissi, Mohammed ; Alaoui, Mohammed Kbiri
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 29.2009, 2, p. 1019-1026
Publisher:	AccessEcon
Subject:	SVAR \| Economic Shocks \| Nonlinearity \| Viability \| Trajectories \| Differential Inclusion

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Classification:	C4 - Econometric and Statistical Methods: Special Topics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008563226