@article{localprojectionsorvarsaprimerfor,
  title = {Local Projections or VARs? A Primer for Macroeconomists},
  author = {José Luis Montiel Olea and Mikkel Plagborg-Møller and Eric Qian and Christian K. Wolf},
  year = {2025},
  eprint = {2503.17144},
  archivePrefix = {arXiv},
  url = {https://arxiv.org/abs/2503.17144v2},
}