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We have explored how various U.S. economic indicators are related to each other, which is a classic application for the VAR modeling. The U.S. Federal

We have explored how various U.S. economic indicators are related to each other, which is a classic application for the VAR modeling. The U.S. Federal Reserve use these economic indicators to make monetary policy decision. Specifically, we will focus on the unemployment rate for the top most populated states in the U.S.: Texas, Florida, California

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