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SVAR imposing block exogeneity

Posted: Tue Oct 25, 2016 3:13 pm
by hashieh1
Hi everyone,

I'm trying to run an SVAR with an imposed block exogeneity restriction in the sense of Cushman and Zha (1997). My advisor tells me I can't do this in eviews last time he checked. Just wanted to confirm that this indeed is the case. I was under the impression that if I had the exogeneity restrictions in my restriction matrix, then it should run properly. Attached is the block exogeneity restriction I want to include as well as my system of contemporaneous equations for my restrictions matrix.

Any thoughts/comments are appreciated!

Re: SVAR imposing block exogeneity

Posted: Fri Oct 28, 2016 12:50 am
by KrilleJ
Are the e_t:s in the PDF the reduced-form residuals and should it be e_t=A*epsilon_t? Are the z_t:s exogenous variables?