Search Results - subject:"response function"

Joint Bayesian inference about impulse responses in VAR models

Inoue, Atsushi; Kilian, Lutz - 2020 - This version: July 5, 2020

Persistent link: https://www.econbiz.de/10012388035

Joint Bayesian inference about impulse responses in VAR models

Inoue, Atsushi; Kilian, Lutz - 2020

same loss functions. We show that conventional impulse response estimators such as the posterior median response function … or the posterior mean response function are not in general the Bayes estimator of the impulse response vector obtained by … stacking the impulse responses of interest. We show that such pointwise estimators may imply response function shapes that are …

Persistent link: https://www.econbiz.de/10012422763

Joint Bayesian inference about impulse responses in VAR models

Inoue, Atsushi; Kilian, Lutz - 2020 - This version: November 2, 2020

Persistent link: https://www.econbiz.de/10012395183

Is the price cap for gas useful? : evidence from European countries

Ravazzolo, Francesco; Rossini, Luca - 2023

Since Russia's invasion of Ukraine, many countries have pledged to end or restrict their oil and gas imports to curtail Moscow's revenues and hinder its war effort. Thus, the European ministers agreed to trigger a cap on the gas price. To detect the importance of the price cap for gas, we...

Persistent link: https://www.econbiz.de/10014390297

Dynamic modeling and analysis of some energy companies of Indonesia over the year 2018 to 2022 by using VAR(p)-CCC GARCH(r,s) model

Mustofa Usman; Komarudin, M.; Nurhanurawati; Russel, Edwin - In: International Journal of Energy Economics and Policy : IJEEP 13 (2023) 4, pp. 542-554

Persistent link: https://www.econbiz.de/10014373695

Does the effectiveness of monetary policy depend on the choice of policy instrument? : empirical evidence from South Korea

Zuniga, Martha Cruz; Senbet, Dawit - In: Journal of central banking theory and practice 12 (2023) 2, pp. 239-265

This study provides robust evidence on how the choice ofthe policy instrument for monetary policy influences its impact oneconomic activity. We study the case of South Korea for the period1980-2017. We use FAVAR models that allow a comprehensive explo-ration of different areas of economic...

Persistent link: https://www.econbiz.de/10014316677