Chari, Varadarajan V. - 2004 - [Elektronische Ressource], rev
,¯τ
l
),Pis a matrix with all zeros except the lower right
element P
22
= ρ
l
, and the innovation matrix Q is a diagonal …) When either the capital share θ is zero or the
variance of the labor tax innovation σ
τ
is zero, the SVAR procedures with … stochastic process for the shocks: the serial correlation parameter
ρ
l
and the ratio of the innovation variances σ
2
l
/σ
2
z …