Inoue, Atsushi; Kilian, Lutz - In: Journal of Econometrics 177 (2013) 1, pp. 1-13
structural VAR models in which structural shocks are identified by restricting the sign of the responses of selected … functions. We propose an alternative method of summarizing the evidence from sign-identified VAR models designed to enhance … structural VAR models that satisfy the sign restrictions. We show how the set of most likely structural response functions can be …