Emmanuel Ameyaw

3 Questions 3 Answers 0 Followers

Questions related from Emmanuel Ameyaw

Should sign restrictions on a VAR/SVAR be considered as empirical evidence to validate predictions of a theoretical model?

Maybe not, since the signs are already from theory.

27 March 2024 3,466 0 View

You can use SVAR and DSGE models to examine shocks to the inflation rate target, yeah?

I am estimating the effect of shocks to the inflation rate target on Ghana's economy. The referee says three things. 1. The answer is obvious. 2. SVAR and DSGE models are not appropriate for the...

25 November 2022 5,970 6 View

US inflation and interest rates fail KPSS and ADF tests but macroeconomists still use them (in levels) in VAR and DSGE models. Why?

US inflation and interest rates fail KPSS and ADF tests but macroeconomists still use them (in levels) in VAR and DSGE models. Why? Some papers have used 'economic stationarity' and/or...

01 January 1970 4,743 3 View