Hušek, Roman; Formánek, Tomáš - In: Acta Oeconomica Pragensia 2014 (2014) 4, pp. 52-72
The article focuses on various aspects of specifi cation, estimation and identifi cation of vector autoregression (VAR) models. Key VAR-specifi c topics of verifi cation of an estimated model are also covered, as well as the differences between a standard (unrestricted) and structural VAR model....