Smooth-transition SVAR and external instrument: Insights on the identifying assumptions
研究了使用外部工具变量识别平滑转换VAR结构参数所需的额外假设，并说明这些假设对脉冲响应估计的影响。
Identification of smooth-transition VAR structural parameters using an external instrument requires supplementary assumptions relative to the benchmark linear case. This paper shows that such additional discretion may have relevant implications for impulse response functions estimates.