To mitigate the socio-economic problems arising from income disparity, a comprehensive view and insights into rural households' behaviors and environment are crucial. This study employs cluster analysis to develop an empirical taxonomy of households' occupations in Thai rural areas and gain...

Detrending within structural vector autoregressions (SVAR) is directly linked to the shock identification. We investigate the consequences of trend misspecification in an SVAR using both standard real business cycle models and bi-variate SVARs as data generating processes. Our bias decomposition...

We highlight how detrending within Structural Vector Autoregressions (SVAR) is directly linked to the shock identification. Consequences of trend misspecification are investigated using a prototypical Real Business Cycle model as the Data Generating Process. Decomposing the different sources of...