Search Results

No results found.

(refine search)
SORT BY: PREVIOUS / NEXT
Author:Aastveit, Knut Are 

Working Paper
Have Standard VARs Remained Stable since the Crisis?

Small or medium-scale VARs are commonly used in applied macroeconomics for forecasting and evaluating the shock transmission mechanism. This requires the VAR parameters to be stable over the evaluation and forecast sample, or to explicitly consider parameter time variation. The earlier literature focused on whether there were sizable parameter changes in the early 1980s, in either the conditional mean or variance parameters, and in the subsequent period till the beginning of the new century. In this paper we conduct a similar analysis but focus on the effects of the recent crisis. Using a ...
Working Papers (Old Series) , Paper 1411

FILTER BY Bank

FILTER BY Series

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

C11 1 items

C33 1 items

C53 1 items

E17 1 items

FILTER BY Keywords

PREVIOUS / NEXT