Mitchell, James (contributor) - 2000 - [Elektronische Ressource]
models when cointegration is present but not imposed in estimation. It finds
that in typical applications there can be …-run impulse responses
but so does the reduced rank VAR.
Keywords: VAR model; Cointegration; Impulse Response Functions; Monetary …. However, if present cointegration
imposes restrictions on the VAR. It is known that if these restrictions are not imposed …