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Skepticism toward traditional identifying assumptions based on exclusion restrictions has led to a surge in the use of structural VAR models in which structural shocks are identified by restricting the sign of the responses of selected macroeconomic aggregates to these shocks.
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As the detailed explanation of the prize (pdf) explains, before Sargent and Sims came along, econometrics consisted largely of estimating models you had no good reason to believe based on identifying assumptions (if you don't already know, you don't want to) that lacked credibility.
When no sources could be identified, the authors made assumptions based upon data in other countries or personal experience.
Both questions make assumptions based on stereotypes.
Optimistic assumptions based on[28, 36 41].
But sometimes people make assumptions, based on appearances.
We all make assumptions based on appearances.
No assumptions based off antiquated evidence.
We make assumptions based on limited information about individual circumstances.
"You can't make assumptions based on parents' sexual orientation".
It can only make assumptions based on what it reads.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com