F. Rubio-Ramírez, Juan; E. Arias, Jonas; F. Waggoner, … - BBVA Research, Grupo BBVA - 2013
-nanced spending to increase output? These questions have been previously studied using SVARs identied with sign and zero restrictions … and the answers have been positive and denite in both cases. While the identication of SVARs with sign and zero … restrictions is theoretically attractive because it allows the researcher to remain agnostic with respect to the responses of the …