I need is to identify 3 shocks: Business cycle, Monetary Policy and DFPA (this last one replaces Revenue and Spending shocks). Business Cycle is identified: +GDP,+INFLATION,+GOV REVENUE; Monetary Policy: -RATE,+GDP,+INFLATION; DFPA: -DFPA,-SPENDING,+REVENUE. Sign restrictions last from 1 to 6 months.
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Hi I hold a masters degree in development economics, I have experience in econometrics and the Eviews program. I can assist you with your econometrics project. Waiting for your response. Thanks