Constructing structural VAR models with conditional independence graphs

In this paper graphical modelling is used to select a sparse structure for a multivariate time series model of New Zealand interest rates. In particular, we consider a recursive structural vector autoregressions that can subsequently be described parsimoniously by a directed acyclic graph, which cou...

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Bibliographic Details
Main Authors: Oxley, Leslie, Reale, M., Wilson, G.
Format: Journal Article
Published: Elsevier Science 2009
Online Access:http://hdl.handle.net/20.500.11937/34072