. Relative to this model, the impulse responses generated by the SVARMA model appear to be consistent with those predicted by … its promising impulse responses, indicate the suitability of this framework for small open economies. …

In vector autoregressive analysis confidence intervals for individual impulse responses are typically reported to … constructing joint confidence bands, given a pre-specified coverage level, for the impulse responses at all horizons considered …

In vector autoregressive analysis confidence intervals for individual impulse responses are typically reported to … constructing joint confidence bands, given a prespecifed coverage level, for the impulse responses at all horizons considered …

In vector autoregressive analysis confidence intervals for individual impulse responses are typically reported to … constructing joint confidence bands, given a prespecifed coverage level, for the impulse responses at all horizons considered …