The article analyses the influence of crisis-induced changes in economic activity on the monetary transmission mechanism in the small open economies of Czechia, Hungary, Poland, and Sweden from 2000: 1 to 2016: 5 using the Markov Switching Structural Bayesian Vector Autoregressive models. The...

This note explores conditional forecasting under conditions on annual growth rates, where variables enter a (possibly structural) vector autoregressive (VAR) model in logarithms or logarithmic first differences. For example, imposing conditions on the annual growth rate of quarterly real GDP...

We replicate a study by Känzig (American Economic Review, 111 (2021), 1092-1125), who employs structural vector autoregressive techniques to examine the impact of changes in oil supply expectations on the price of oil and other macroeconomic aggregates. Känzig identifies an oil supply news...