A Structured VAR for Denmark under Changing Monetary Regimes
使用新开发的统计工具分析丹麦的货币、收入、价格和利率，建立模型描述短期动态调整、长期稳态偏离及政治干预的影响，揭示贸易和资本自由化对小型开放欧洲经济体的作用。
Using recently developed statistical tools for analyzing cointegrated I(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.