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We propose a new algorithm which allows easy estimation of Vector Autoregressions (VARs) featuring asymmetric priors …
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estimation methods. Specifically, we employ VAR models with drifting parameters and stochastic volatility which are used to …
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In 2016 the Central Bank of Argentina began to announce inflation targets. In this context, providing authorities with good estimates of relevant macroeconomic variables is crucial for making pertinent corrections in order to reach the desired policy goals. This paper develops a group of models...
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