to declining oil prices. By exploiting this information with help of sign restrictions, we create two proxy variables and …

structural shocks of interest with other set-identifying constraints, typically sign restrictions. We illustrate how, in both … shocks compared with what is obtained with minimal sign restrictions typically used in the SVAR literature. The proposed …

structural shocks of interest with other set-identifying constraints, typically sign restrictions. We illustrate how, in both … shocks compared with what is obtained with minimal sign restrictions typically used in the SVAR literature. The proposed …