Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5059639 | Economics Letters | 2013 | 4 Pages |
Abstract
The present paper shows that a DSGE model can be represented by a finite order VAR if and only if the eigenvalues of the matrix defined in Fernández-Villaverde et al. (2007) are all equal to zero. Further it shows that this condition is equivalent to the unimodularity condition presented in Ravenna (2007).
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Massimo Franchi, Anna Vidotto,