2 papers
econ.EM2026
Sign Restrictions and Supply-demand Decompositions of Inflation
Matthew Read
Sign restrictions on the slopes of supply and demand curves are often used to identify historical decompositions in structural vector autoregressions. I show that the identifying p…
econ.EM2026
Fast Posterior Sampling in Tightly Identified SVARs Using 'Soft' Sign Restrictions
Matthew Read, Dan Zhu
We propose algorithms for conducting Bayesian inference in structural vector autoregressions identified using sign restrictions. The key feature of our approach is a sampling step…