UK macroeconomic volatility: Historical evidence over seven centuries

Breaking ground from all previous studies, we estimate a time-varying Vector Autoregression model that examines the time-period 1270–2016 — the entire economic history of the U.K. Focusing on permanent and transitory shocks in the economy, we study the fluctuation in conditional volatilities and tim...

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Bibliographic Details

Main Authors:	Vasilios Plakandaras, Rangan Gupta, Mark Wohar
Format:	Default Article
Published:	2018
Subjects:	Other commerce, management, tourism and services not elsewhere classified Time-varying VAR Macroeconomic shocks Business and Management not elsewhere classified
Online Access:	https://hdl.handle.net/2134/34990
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