Fernández-Villaverde, Jesús; Rubio-Ramírez, Juan … - Federal Reserve Bank of Atlanta - 2005
The dynamics of a linear (or linearized) dynamic stochastic economic model can be expressed in terms of matrices (A, B … (VAR) for observables available to an econometrician. We review circumstances in which the impulse response of the VAR … numbers of VAR and economic shocks. …