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Results tagged with impulse-response
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user 35131
The response of an endogenous system to an exogenous shock. This is an important topic in time-series econometrics.
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Why Are Impulse Responses in VECM Permanent?
This is a great question, and I'm learning so bear with me.
What would be a correct interpretation of an impulse response that does not go back to 0 in a VECM?
Riffing on the drunken walk theme, sup …
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