Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/153066
Authors: 
Giannone, Domenico
Reichlin, Lucrezia
Year of Publication: 
2006
Series/Report no.: 
ECB Working Paper 632
Abstract: 
This paper asks two questions. First, can we detect empirically whether the shocks recovered from the estimates of a structural VAR are truly structural Second, can the problem of nonfundamentalness be solved by considering additional information? The answer to the first question is “yes” and that to the second is “under some conditions”.
Subjects: 
C33
E00
E32
Classification-JEL: C32
O3
JEL: 
C32
C33
E00
E32
O3
Document Type: 
Working Paper

Files in This Item:
File
Size
486.83 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.