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Browsing ECO Working Papers by Author "NETŠUNAJEV, Aleksei"
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Title:Reaction to Technology Shocks in Markov-Switchings Structural VARs: Identification via heteroskedasticity
Author(s):NETŠUNAJEV, AlekseiDate:2012Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:The paper reconsiders the conflicting results in the debate connected to the effects of technology shocks on hours worked in the bivariate system. Given major dissatisfaction with the just-identifying long-run restrictions, ...