Matrix oriented formulae of dynamic multipliers in general autoregressive distributed lag and VARX models
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Date
2007Metadata
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Abstract
Formulae of how to calculate dynamic multipliers in single equation distributed lag models and in
VARX models are suggested. An important aspect when constructing the formulae is to represent the
models on "companion form". Even if it is not proved that the formulae have general validity, it is
demonstrated by examples that they work