| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 965457 | Journal of Macroeconomics | 2012 | 14 Pages |
Abstract
⺠We assess SVARs with a short-run restriction and news shocks. ⺠The estimated dynamics responses implied by SVARs are biased. ⺠The bias is reduced when news shocks account for most of the aggregate fluctuations.
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Economics and Econometrics
Authors
Patrick Féve, Ahmat Jidoud,