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cointegration test, the results reveal that there is a long-run relationship among the variables. The Granger causality test results …
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We propose a method to explore the causal transmission of an intervention through two endogenous variables of interest. We refer to the intervention as a catalyst variable. The method is based on the reduced-form system formed from the conditional distribution of the two endogenous variables...
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decomposition were applied to achieve the objectives. The cointegration test has found the existence of long-run relationship among …
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