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Local projections vs. VARs: Lessons from thousands of DGPs
Dake Li
, Mikkel Plagborg-Møller
, Christian K. Wolf
Economics
Center for Statistics & Machine Learning
Research output
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Article
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peer-review
36
Scopus citations
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Keyphrases
Bias Correction
20%
Data Generating Process
20%
Identification Scheme
20%
Least Squares
20%
Local Projections
100%
Local Vectors
40%
Low Bias
20%
Macroeconomic Data
20%
Model Averaging
20%
Projection Estimator
20%
Simulation Study
20%
Structural Impulse Responses
20%
Vector Autoregression
80%
Agricultural and Biological Sciences
Least Square
100%
Economics, Econometrics and Finance
Macroeconomic Data
25%