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Re: st: structural var


From   Robert A Yaffee <[email protected]>
To   [email protected]
Subject   Re: st: structural var
Date   Wed, 03 Mar 2010 18:13:22 -0500

Anna,
   You might want to look into the formulation of a mixture model.
             Regards,
                  Robert

Robert A. Yaffee, Ph.D.
Research Professor
Silver School of Social Work
New York University

Biosketch: http://homepages.nyu.edu/~ray1/Biosketch2009.pdf

CV:  http://homepages.nyu.edu/~ray1/vita.pdf

----- Original Message -----
From: anna steccati <[email protected]>
Date: Wednesday, March 3, 2010 8:40 am
Subject: st: structural var
To: [email protected]


> Dear all,
> 
> 
> 
> I need to estimate a structural VAR with 2 equations as follows:
> 
> x(t)=x(t-1)+…+x(t-5)+y(t)+…+y(t-5)
> 
> y(t)=y(t-1)+…+y(t-5)+x(t-1)+…+x(t-5)
> 
> 
> 
> The presence of the contemporaneous term y in the first equation makes 
> it
> impossible to estimate it with the var command.
> 
> Is there a way to estimate the model with the SVAR command? Should I add
> more identification restrictions?
> 
> 
> Thank you,
> 
> Anna
> 
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