Summarize this paper from a mathematical point of view and combine the knowledge of time series and VAR.
The requirements:
- Main Question of the passage(1-2 Paragraph)
2.Describe the econometric methodology
1)Data( variable,date)
2)VAR Specification(main equation used)
3)Identification Strategy used
4)Influence:
a.Impulse response
b.Gradual Causality
c.Forecast error term variance decomposition
3.Discussion of the economic results and significance
Sample Solution