Results 1 - 2 of 2 for Federal Funds Rate [Author: Lucio Sarno]
The Efficient Market Hypothesis and Identification in Structural VARs - Review
The EMH and the SVAR. The authors add to the literature on structural vector autoregression models by showing that, if it includes one or more variables efficient in the strong form of the efficient market hypothesis, the identifying restrictions frequently imposed in SVARs cannot be satisfied.
research.stlouisfed.org/.../the-efficient-market-hypothesis-and-identification-in-structural-vars
Toward a New Paradigm in Open Economy Modeling: Where Do We Stand? - Review
This article provides a selective, up-to-date survey of the recent, fast-growing literature on new open economy macroeconomics. Lucio Sarno begins with a review of the seminal paper in this literature, describing the baseline model proposed herein.
research.stlouisfed.org/.../05/01/toward-a-new-paradigm-in-open-economy-modeling-where-do-we-stand
FILTER PUBLICATION
Review 2 items
FILTER COLLECTION
publications 2 items
follow @stlouisfed