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Why have VARs become popular for application in finance, relative to structural models derived from some underlying theory? Explain any weaknesses you perceive in the
Why have VARs become popular for application in finance, relative to structural models derived from some underlying theory?
Explain any weaknesses you perceive in the VAR approach to econometric modelling
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Personal Finance
Authors: Jeff Madura
5th edition
132994348, 978-0132994347
