A check for finite order VAR representations of DSGE models

C-Tier
Journal: Economics Letters
Year: 2013
Volume: 120
Issue: 1
Pages: 100-103

Authors (2)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

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

Abstract

The present paper shows that a DSGE model can be represented by a finite order VAR if and only if the eigenvalues of the matrix defined in Fernández-Villaverde et al. (2007) are all equal to zero. Further it shows that this condition is equivalent to the unimodularity condition presented in Ravenna (2007).

Technical Details

RePEc Handle
repec:eee:ecolet:v:120:y:2013:i:1:p:100-103
Journal Field
General
Author Count
2
Added to Database
2026-01-25