Can I read Local Projections Methodology Overview on EtoBox?

Local Projections Methodology Overview by Gabriela Balduino Moreira is a document available to read on EtoBox.

What is Local Projections Methodology Overview about?

This NBER working paper by Òscar Jordà and Alan M. Taylor reviews the local projections (LP) method for estimating the effects of exogenous interventions on outcomes over time. It discusses the advantages of LPs over vector autoregressions (VARs), including their flexibility and applicability in complex settings, while also addressing their limitations. The paper aims to provide practitioners with an overview of statistical properties, best practices, and potential extensions of LP methods.

Author

Gabriela Balduino Moreira

Language

EN