A Structured VAR for Denmark Under Changing Monetary Regimes
使用处理协整I(2)数据的新统计工具，为丹麦建模货币、收入、价格和利率，揭示贸易和资本自由化对小型开放欧洲经济体的动态调整效应。
Using recently developed statistical tools for analyzing cointegrated 1(2) data, this article models money, income, prices, and interest rates in Denmark. The final model describes the dynamic adjustment to short-run changes of the process, to deviations from long-run steady states, and to several political interventions. It provides new insights about the effects of the liberalization of trade and capital in a small open European economy.