2 papers
econ.EM2026
General Seemingly Unrelated Local Projections
Florian Huber, Christian Matthes, Michael Pfarrhofer
We develop a flexible framework for Bayesian estimation of impulse responses using Local Projections (LPs) with instrumental variables. It accommodates multiple shocks and instrume…
econ.EM2025
Large Structural VARs with Multiple Sign and Ranking Restrictions
Joshua Chan, Christian Matthes, Xuewen Yu
Large VARs are increasingly used in structural analysis as a unified framework to study the impacts of multiple structural shocks simultaneously. However, the concurrent identifica…