• Title of article

    How accurate are confidence intervals for impulse responses in large VAR models?

  • Author/Authors

    Kilian، Lutz نويسنده , , Chang، Pao-Li نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2000
  • Pages
    -298
  • From page
    299
  • To page
    0
  • Abstract
    This paper employs quarterly data from the whole of Germany to test the stability of M3 demand for money. The methodology is based on an application of the CUSUM and CUSUMSQ in the context of error-correction modeling and cointegration. The results reveal some instability in M3 money demand function.
  • Keywords
    Bootstrap , Delta method , Monte Carlo integration , Monetary policy
  • Journal title
    Economics Letters
  • Serial Year
    2000
  • Journal title
    Economics Letters
  • Record number

    21948

    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=10&DC=21948