000			01281nam a22002417a 4500
003			ZW-GwMSU
005			20240503133035.0
008			230906b |||||||| |||| 00| 0 eng d
022			_a13504851
040			_aMSU _cMSU _erda _bEnglish
050	0	0	_aHB1.A666 APP
100	1		_aHuh, Hyeon - Seung _eauthor
245	1	2	_aA Monte Carlo test for the identifying assumptions of the Blanchard and Quah (1989) model _ccreated by Hyeon-Seung Huh
264	1		_aNew York: _bTaylor and Francis, _c2013
336			_2rdacontent _atext _btxt
337			_2rdamedia _aunmediated _bn
338			_2rdacarrier _avolume _bnc
440			_aApplied economics letters _vVolume 20, number 9
520	3		_aIn their VAR model, Blanchard and Quah (BQ, 1989) employed uncorrelatedness between Aggregate Supply (AS) and Aggregate Demand (AD) shocks and the long-run output neutrality condition as identifying assumptions. This article conducts a simple Monte Carlo experiment to gauge how well the BQ procedure can approximate the true structure if the underlying assumptions of uncorrelatedness and long-run output neutrality are not supported by data.
650			_aBlanchard and Quah _vIdentifying assumptions _xMonte Carlo
856			_uhttps://doi.org/10.1080/13504851.2012.725923
942			_2lcc _cJA
999			_c163197 _d163197