Møller, Niels Framroze - In: Economics: The Open-Access, Open-Assessment E-Journal 2 (2008) 2008-36, pp. 1-29
Examples of simple economic theory models are analyzed as restrictions on the Cointegrated VAR (CVAR). This establishes a correspondence between basic economic concepts and the econometric concepts of the CVAR: The economic relations correspond to cointegrating vectors and exogeneity in the...
