Ghassan, Hassan Belkacem; Souissi, Mohammed; Alaoui, … - In: Economics Bulletin 29 (2009) 2, pp. 1019-1026
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...