Identification and overidentification in SVECMs

C-Tier
Journal: Economics Letters
Year: 2010
Volume: 108
Issue: 3
Pages: 318-321

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Order criteria for identifying restrictions in SVECMs are derived. With K - r common trends, K - r columns of the long run matrix may have at most K - r - 1 zero restrictions each, while r columns may have arbitrarily many. For each shock, the number of restrictions must not exceed a certain upper bound.

Technical Details

RePEc Handle
repec:eee:ecolet:v:108:y:2010:i:3:p:318-321
Journal Field
General
Author Count
1
Added to Database
2026-01-25