Sarno, Lucio (contributor); Thornton, Daniel L. (contributor) - 2003 - [Elektronische Ressource]
WORKING PAPER SERIES
The Efficient Market Hypothesis and Identification in
Structural VAR s ….gatewayarch.com
The Efficient Market Hypothesis and Identification
in Structural VARs
Lucio Sarno
University of Warwick
and
Centre for … the efficient market hypothesis, the identifying restrictions frequently
imposed in SVARs cannot be satisfied. We argue …