Title:Impulse Response Function
Author(s):LUETKEPOHL, HelmutDate:2008-01-01Type of Publication:Contribution to bookAbstract:Impulse response functions are useful for studying the interactions between variables in a vector autoregressive model. They represent the reactions of the variables to shocks hitting the system. It is often not clear, ...
Title:New Open Economy Macroeconomics
Author(s):CORSETTI, GiancarloDate:2008-01-01Type of Publication:Contribution to bookAbstract:‘New open economy macroeconomics’ (NOEM) refers to a body of literature embracing a new theoretical framework for policy analysis in open economy, aiming to overcome the limitations of the Mundell-Fleming model while ...