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Analysing shock tran smission in a data-rich environment: A large BVAR for New Zealand

Analysing shock tran smission in a data-rich environment: A large BVAR for New Zealand. Chris Bloor and Troy Matheson. Reserve B ank of New Zealand Discussion Paper DP2008/09. Motivation. Estimate the sectoral responses to a monet ary policy shock. Why use a Bayesian VAR.

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Analysing shock tran smission in a data-rich environment: A large BVAR for New Zealand