A Note on Measuring the Dynamic Effects of Aggregate Demand and Supply Disturbances

A Note on Measuring the Dynamic Effects of Aggregate Demand and Supply Disturbances PDF Author: Marco Lippi
Publisher:
ISBN:
Category :
Languages : en
Pages : 24

Get Book Here

Book Description

A Note on Measuring the Dynamic Effects of Aggregate Demand and Supply Disturbances

A Note on Measuring the Dynamic Effects of Aggregate Demand and Supply Disturbances PDF Author: Marco Lippi
Publisher:
ISBN:
Category :
Languages : en
Pages : 24

Get Book Here

Book Description


A note on measuring the dynamic effects of aggregate demand and supply disturbances

A note on measuring the dynamic effects of aggregate demand and supply disturbances PDF Author: Observatoire français des conjonctures économiques
Publisher:
ISBN:
Category :
Languages : fr
Pages : 12

Get Book Here

Book Description


The dynamic effects of aggregate demand and supply disturbances

The dynamic effects of aggregate demand and supply disturbances PDF Author: Olivier Blanchard
Publisher:
ISBN:
Category :
Languages : es
Pages : 24

Get Book Here

Book Description


The Dynamic Effects of Aggregate Demand and Supply Disturbances

The Dynamic Effects of Aggregate Demand and Supply Disturbances PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

Get Book Here

Book Description


The Dynamic Effects of Aggregate Demand and Supply Disturbance

The Dynamic Effects of Aggregate Demand and Supply Disturbance PDF Author: Olivier J. Blanchard
Publisher:
ISBN:
Category :
Languages : en
Pages : 25

Get Book Here

Book Description


The Dynamic Effects of Aggregate Demand and Supply Disturbances

The Dynamic Effects of Aggregate Demand and Supply Disturbances PDF Author: Helmut Hofer
Publisher:
ISBN:
Category : Autoregression (Statistics)
Languages : en
Pages : 21

Get Book Here

Book Description


The Dynamic Effects of Aggregate Demand, Supply and Oil Price Shocks-A Comparative Study

The Dynamic Effects of Aggregate Demand, Supply and Oil Price Shocks-A Comparative Study PDF Author: Hilde C. Bjørnland
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
This paper analyses the dynamic effects of aggregate demand, supply and oil price shocks on GDP and unemployment in Germany, Norway, the UK and the USA, and establishes the role of the different shocks in explaining output fluctuations over time. Symmetries of economic fluctuations across countries are also examined. The different shocks are identified by imposing dynamic restrictions on a structural vector autoregression model. For all countries except Norway, oil price shocks have significant negative effects on output. However, whereas the oil price shock in 1973-74 triggered off a global recession, the recession in the early 1980s was largely caused by other disturbances.

NBER Macroeconomics Annual 1991

NBER Macroeconomics Annual 1991 PDF Author: Olivier Blanchard
Publisher: MIT Press
ISBN: 9780262521659
Category : Business & Economics
Languages : en
Pages : 392

Get Book Here

Book Description
This is the sixth in a series of annuals from the National Bureau of EconomicResearch that are designed to stimulate research on problems in applied economics, to bring frontiertheoretical developments to a wider audience, and to accelerate the interaction between analyticaland empirical research in macroeconomics.Olivier Blanchard and Stanley Fischer are both Professorsof Economics at MIT.Contents: Pitfalls and Opportunities: What Macroeconomists Should Know aboutUnit Roots, John Y. Campbell and Pierre Perron. Markups and the Business Cycle, Julio Rotemberg andMichael Woodford. Privatization in Eastern Europe: Incentives and the Economics of Transition, JeanTirole. The EMS, the EMU, and the Transition to a Common Currency, Kenneth A. Froot and Kenneth S.Rogoff. Growth, Macroeconomics, and Development, Stanley S. Fischer. Recessions as Reorganizations,Robert E. Hall.

Macroeconometrics

Macroeconometrics PDF Author: Kevin D. Hoover
Publisher: Springer Science & Business Media
ISBN: 940110669X
Category : Business & Economics
Languages : en
Pages : 575

Get Book Here

Book Description
Each chapter of Macroeconometrics is written by respected econometricians in order to provide useful information and perspectives for those who wish to apply econometrics in macroeconomics. The chapters are all written with clear methodological perspectives, making the virtues and limitations of particular econometric approaches accessible to a general readership familiar with applied macroeconomics. The real tensions in macroeconometrics are revealed by the critical comments from different econometricians, having an alternative perspective, which follow each chapter.

Hysteresis and Business Cycles

Hysteresis and Business Cycles PDF Author: Ms.Valerie Cerra
Publisher: International Monetary Fund
ISBN: 1513536990
Category : Business & Economics
Languages : en
Pages : 50

Get Book Here

Book Description
Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.