Pesaran, M. Hashem (contributor); Smith, Ron (contributor) - 2006
shown that the VARX* models can be derived as the solution to a dynamic stochastic general equilibrium (DSGE) model where …). It
is shown that the VARX* models can be derived as the solution to a dynamic stochastic
general equilibrium (DSGE … be derived from Dynamic Sto-
chastic General Equilibrium (DSGE) models. It is common to present a spec-
trum with theory …