from country-specific vectorautoregressive (VAR) models and a non-standard panel VAR model match. In the country …-specific VAR models, the impulse responses vary across countries in an unrestricted fashion. In the panel VAR model, the impulse …

from country-specific vectorautoregressive (VAR) models and a non-standard panel VAR model match. In the country …-specific VAR models, the impulse responses vary across countries in an unrestricted fashion. In the panel VAR model, the impulse …

from country-specific vectorautoregressive (VAR) models and a non-standard panel VAR model match. In the country …-specific VAR models, the impulse responses vary across countries in an unrestricted fashion. In the panel VAR model, the impulse …