Allowing the data to speak freely: The macroeconometrics of the cointegrated vector autoregression

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The Long-Run Impact of Foreign Aid in 36 African Countries: Insights from Multivariate Time Series Analysis (2014, unknown): “Starting with an explicit stochastic formulation of all variables without constraining them in pre-speci…ed directions, the CVAR provides broad con…dence intervals within which empirically relevant claims should fall (Hoover, Juselius, and Johansen 2008, Juselius 2009).”
Entrepreneurship and the Business Cycle (2012, unknown): “1 Therefore, in establishing the relationship between entrepreneurship and the business cycle, we find it worthwhile to ‘let the data speak freely’ (Hoover et al., 2008; Juselius, 2009) instead of deducing and calibrating a model from more or less arbitrary assumptions regarding entrepreneurial beha”
THE FINANCIAL CRISIS AND THE SYSTEMIC FAILURE OF THE ECONOMICS PROFESSION (2009, unknown): “Unlike approaches in which data are silenced by prior restrictions, the cointegrated VAR model gives the data a rich context in which to speak freely (Hoover et al. 2008).”
The Financial Crisis and the Systemic Failure of Academic Economics (2009, methodology): “Unlike approaches in which data are silenced by prior restrictions, the Cointegrated VAR model gives the data a rich context in which to speak freely (Hoover et al., 2008).”