Blar i Arbeidsnotater / Working Papers på emneord "factor augmented VAR"
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The World Is Not Enough! Small Open Economies and Regional Dependence
(Working Papers;16/2011, Working paper, 2011)This paper bridges the new open economy factor augmented VAR (FAVAR) studies with the recent findings in the business cycle synchronization literature emphasizing the importance of regional factors. That is, we estimate ...