Hi!
How can I compute the relative contributions of endogenous variables on another endogenous variable after an exogenous shock?
Thanks in advance!
Hi!
How can I compute the relative contributions of endogenous variables on another endogenous variable after an exogenous shock?
Thanks in advance!
I am not sure that question is well-posed. The cause-and-effect runs from exogenous to endogenous variables. Decomposing it into intermediate effects is usually not possible.
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