Showing 1 - 7 of 7
. VAR models are estimated for the Czech Republic, Hungary and Poland. Contemporaneous and sign restrictions are imposed in …-through ; structural VAR ; sign restriction …
Persistent link: https://www.econbiz.de/10003935145
fluctuations. -- Bayesian ; VAR ; employment ; inflation ; wage ; labour economics. …
Persistent link: https://www.econbiz.de/10008746436
two latent factors and some key macro variables that follow a VAR(1) process. The structural macroeconomic shocks are …
Persistent link: https://www.econbiz.de/10003856778
of previous VAR based studies. The sectoral responses reveal considerable heterogeneity. In particular, sectors more …
Persistent link: https://www.econbiz.de/10009529534
In this paper, relying on a time-varying parameters FAVAR model, two credit supply factors are calculated, the first of which is identified as willingness to lend, while the second as lending capacity. The impact of these two types of credit supply shocks on macroeconomic variables and their...
Persistent link: https://www.econbiz.de/10011457124
Using Hungarian macroeconomic and financial data, we estimate a Bayesian structural VAR model suitable for …
Persistent link: https://www.econbiz.de/10009269523
caused by the decision-making frictions. Measures of dissent are used as external instrument in a structural VAR. Results for …
Persistent link: https://www.econbiz.de/10012613627