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Opening the Black Box of Local Projections

econ.EM · 2025-05-18 · accept · novelty 6.0

LP impulse response estimates are decomposed into time-stamped contributions, revealing that many influential estimates are concentrated in a few historical episodes.

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  • Opening the Black Box of Local Projections econ.EM · 2025-05-18 · accept · none · ref 8

    LP impulse response estimates are decomposed into time-stamped contributions, revealing that many influential estimates are concentrated in a few historical episodes.