2 papers
econ.EM2024
Partially identified heteroskedastic SVARs
Emanuele Bacchiocchi, Andrea Bastianin, Toru Kitagawa +1
This paper studies the identification of Structural Vector Autoregressions (SVARs) exploiting a break in the variances of the structural shocks. Point-identification for this class…
econ.EM2024
What drives the European carbon market? Macroeconomic factors and forecasts
Andrea Bastianin, Elisabetta Mirto, Yan Qin +1
Putting a price on carbon -- with taxes or developing carbon markets -- is a widely used policy measure to achieve the target of net-zero emissions by 2050. This paper tackles the…