Sign of ECM in the VECM

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be4everfriend
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Joined: Thu Apr 01, 2010 2:10 am

Sign of ECM in the VECM

Postby be4everfriend » Mon Apr 05, 2010 2:03 am

Hi,

Is the sign of the ECT important in the VECM? How can we interpret a positive sign of ECT in the VECM?

Best regards.
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