Methods for Applied Macroeconomic Research

By Fabio Canova. 2007

865 citations recorded by the source corpus.

Subfields: Development, Economics and Econometrics, Political Science and International Relations

View Paper: https://www.semanticscholar.org/paper/d0c1d0452b857878515c4d4544af886d86d32f2c

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Citations in the corpus

ON THE SOURCES OF AGGREGATE FLUCTUATIONS IN EMERGING ECONOMIES (2013, methodology): “To implement that viewpoint, we draw on recent theoretical and computational advances, usefully summarized by DeJong and Dave (2007), Canova (2007), Geweke (2005), and others.”
Tailored randomized block MCMC methods with application to DSGE models (2010, methodology): “Another feature is that the proposal density for each block is tailored to the location and curvature of the target density based on the output of simulated annealing, following Chib and Greenberg (1994, 1995) and Chib and Ergashev (2008).”
Multilateral Resistance to Migration (2013, positive): “1; observations are weighted by population at origin; the number of lags of log real GDP per capita has been determined according to AIC, BIC and LR tests to identify the optimal lag structure following Canova (2007); the second column includes standard errors computed following Driscoll and Kraay (”
Public Employment and the Business Cycle (2007, neutral): “ν(et, ct, gt) = (1− et)h + ct + γnt , (3)”
Panel Vector Autoregressive Models: A Survey (2013, neutral): “The standard one is to use the Wold theorem (see e.g. Canova, 2007) and assume linearity, stationarity and invertibility of the resulting moving average representation.”
Effects of US quantitative easing on emerging market economies (2015, positive): “The method is similar to the one in Canova (2007) and Canova and Ciccarelli (2013) and we describe it in detail later in the paper.”
DSGE Models and Central Banks (2009, neutral): “instance, data transformations, such as detrending and the elimination of outliers, together with the selection of appropriately stable periods or the elimination of structural breaks, are common prerequisites to take these models to the data (Canova 2007 and DeJong and Dave 2007).(8) Furthermore, e”
Prior Selection for Vector Autoregressions (2015, neutral): “The figure reports the posterior distribution of the hyperparameter λ, the parameter governing the standard deviation of the Minnesota prior in the small, medium, and large BVARs and its prior distribution.”
Domestic and multilateral effects of capital controls in emerging markets (2018, neutral): “An increase in the exchange rate is a depreciation of the local currency against the USD.”
Noncausal Autoregressions for Economic Time Series (2010, neutral): “…applications include forecasting and the measurement of persistence (Andrews and Chen (1994)), but also in theoretical macroeconomic (see, e.g., Canova (2007)) and financial (see, e.g., Campbell et al. (1997)) models, the dynamics of the variables is often described by an autoregressive…”
Do institutional changes affect business cycles?: evidence from Europe (2012, neutral): “Hence, the VAR in (5) can be rewritten as  y1 t x(1)t y2 t x(2)t  =  Z1t Z1t Z1t Z1t  θ1t +  Z2,1,t 0 Z2,1,t 0 0 Z2,2,t 0 Z2,2,t  θ2t +  Z3,1,t 0 0 Z3,2,t Z3,1,t 0 0 Z3,2,t  θ3t + vt (7)”
A Tale of Two Decades: The Ecb's Monetary Policy at 20 (2019, background): “77 See in particular Begg, Canova, De Grauwe, Fatas and Lane (2002), noting their mention of the “poison pillar”, as well as the references given in Issing (ed) (2003), p.”
Global spillover effects of US uncertainty (2017, methodology): “Speci cally, the random coe cient approach is undertaken following Canova (2007) and Canova and Ciccarelli (2013).”
Why Agnostic Sign Restrictions are not Enough: Understanding the Dynamics of Oil Market VAR Models (2009, background): “The refinements of the sign restriction approach we propose in this paper are specific to the oil market, but related work by Uhlig (2005), Canova and De Nicolo (2002) and Canova and Paustian (2007), for example, suggests that alternative methods of narrowing down the set of potential structural mod”