Explore the world of Vector Autoregressions (VARs) in econometrics with Tony Yates. This lecture provides an overview of VARs, including motivation, estimation techniques, and key concepts such as identification and factors models. Learn about the applications of VARs in macroeconomics and the resou

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Explore the algebra of identification problems in VARs, including Cholesky factorization, timing restrictions, long-run impact restrictions, sign restrictions, and identification through heteroskedasticity. Discover why structural identification is crucial for policy design, economic modeling, and u

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This literature review by Paul C. Tetlock explores the role of media in shaping investor sentiment and impacting stock market dynamics. The study delves into the correlation between media pessimism, market prices, trading volume, and volatility, providing insights into how media content affects mark

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