This paper proposes a “quasi-agnostic” sign restriction procedure to identify structural shocks in frequentist structural vector autoregression (SVAR) models. It argues that low acceptance rates, ...

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Local projections can translate the familiar language of vector autoregressions (VARs) and impulse responses into the language of potential outcomes and treatment effects. There are gains to be made ...

Advanced econometric techniques, such as Vector Autoregression (VAR) models and Artificial Neural Networks (ANNs), have been developed to improve the accuracy of exchange rate forecasting by ...