Economics, Econometrics and Finance
7 years ago

Bayesian VAR Models Shed Light on Chilean Monetary Policy Implications.

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SSRN Electronic Journal
Estimating Bayesian VAR for the Chilean Economy
Patricio Jaramillo

Paper Summary

The researchers used a method called Bayesian Vector Autoregression to study how monetary policy affects the Chilean economy. They compared their results with previous models and discussed how this could impact monetary policy decisions.

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