. The endogeneity problem is treated with the method of identification through heteroskedasticity as described by Rigobon …

Hungarian data. I compare two identification approaches. One of them involves the ‘sign restrictions on impulse responses … history. My argument is that in certain cases, especially in the case of the Hungarian economy, the latter identification … identification approaches produced very similar results, imposing restrictions on history may help to dampen counterintuitive …

identification of average treatment effects on hazard rates without model structure. We estimate these effects by kernel hazard …