Macroeconomic policy coordination in the global economy : VAR and BVAR-DSGE analyses
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Bhattarai, K., & Mallick, S. Macroeconomic policy coordination in the global economy : VAR and BVAR-DSGE analyses
Impulse response and variance decomposition estimations are similar in traditional VAR (1) and BVAR-DSGE models but the later model can provide theoretical and structural reasons behind those estimations. In the context of growth competition and spil... Read More about Macroeconomic policy coordination in the global economy : VAR and BVAR-DSGE analyses.