Bivariate SVAR models employing long-run identifying restrictions are often used to investigate the source of business cycle fluctuations. Their advantage is the simplicity in use and interpretation. However, their low dimension may also lead to a failure of the identification procedure, with...

Shocks, rainfall variability, geographic capital, assets, welfare dynamics, poverty traps, migration, remittances, Thailand, Vietnam. - Schocks, Niederschlagsvariabilität, geographisches Kapital, Wohlfahrtsdynamik, Vermögenswert, Armutsfallen, Rücküberweisungen