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An Introduction into the SVAR Methodology: Identification, Interpretation and Limitations of SVAR models

This paper aims to provide a non-technical introduction into the SVAR methodology. Particular emphasize is put on the approach to identification in SVAR models, which is compared to identification in simultaneous equation models. It is shown that SVAR models are useful tools to analyze the dynamics of a model by subjecting it to an unexpected shock, whereas simultaneous equation models are bett...

The Krever Commission--10 years later.

A Svar Approach for the Spanish Regions

Within the approaches that have been applied to assess the impact of public capital on economic growth, this paper estimates the dynamic effects of public infrastructures using a structural vector autoregressive (SVAR) methodology for the Spanish regions. From a methodological point of view, our work contains different innovative features with respect to the previous studies using VAR models. T...

Assessing identifying restrictions in SVAR models

This paper proposes a Bayesian approach to assess if the data support candidate set-identifying restrictions for Vector Autoregressive models. The researcher is uncertain about the validity of some sign restrictions that she is contemplating to use. She therefore expresses her uncertainty with a prior distribution that covers the parameter space both where the restrictions are satisfied and whe...

The Krever Commission recommendations: what they may mean for hospitals.

(CBS) assumed responsibility for the operation of Canada's blood supply system. (Quebec has established its own blood supply system, called Héma-Québec). CBS was set up in response to the recommendations of the Krever Inquiry into Canada's blood supply system. Like its predecessor the Canadian Red Cross Society, CBS is responsible for donor recruitment and management, whole-blood and plasma col...