\(\def\bfA{{\bf A}} \def\bfB{{\bf }} \def\bfC{{\bf C}}\)Introduction In this blog post, I describe Stata’s capabilities for estimating and analyzing vector autoregression (VAR) models with long-run restrictions by replicating some of the results of Blanchard and Quah (1989). Framework In previous posts, I have identified the parameters of a structural VAR model by imposing restrictions on how […]
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