196,036 research outputs found
Measuring the business cycle effects of permanent and transitory shocks in cointegrated time series
No full textInsidie palesi e nascoste dell’arte centonaria: le astuzie del compositore e le scelte metodologiche dell’editore
No full textStudio delle "acrobazie" compositive escogitate dagli autori di centoni e studio delle "acrobazie" necessarie all'editore nella constitutio textus centonaria
Insidie palesi e nascoste dell’arte centonaria: le astuzie del compositore e le scelte metodologiche dell’editore
No full textStudio delle "acrobazie" compositive escogitate dagli autori di centoni e studio delle "acrobazie" necessarie all'editore nella constitutio textus centonaria
Common feature analysis of economic time series: an overview and recent developments
No full textIn this paper we overview the literature on common features analysis of economic time series. Starting from the seminal contributions by Engle and Kozicki (1993) and Vahid and Engle (1993), we present and discuss the
various notions that have been proposed to detect and model common cyclical features in macroeconometrics. In particular, we analyze in details the link between common cyclical features and the reduced-rank regression
model. We also illustrate similarities and differences between the common features methodology and other popular types of multivariate time series modelling. Finally, we discuss some recent developments in this area,
such as the implications of common features for univariate time series models and the analysis of common autocorrelation in medium-large dimensional systems
Measuring the Sources of Cyclical Fluctuations in the G7 Economies.
No full textWe analyze herein the importance of four types of shocks in contributing to the business cycles of the G7 economies. After disentangling the common permanent and transitory shocks in the G7 outputs, we identify the domestic and foreign components of such shocks for each country. This provides us with quite a flexible palette for understanding the degree of openness of the G7 countries, useful information for the analysis of the strengths and weaknesses of each national economy. Our empirical analysis reveals that the cycles of most of the G7 outputs are dominated by their domestic components and that the foreign components are almost entirely due to permanent [email protected]
Technology shocks, structural breaks and the effects on the business cycle
No full textThis paper contributes to the literature on the role of technology shocks as
source of the business cycle in two ways. First, we document that time-series of
US productivity and hours are apparently affected by a structural break in the late
60 s, which is likely due to a major change in the monetary policy. Second, we show
that the importance of demand shocks over the business cycle has sharply increased
after the [email protected]@[email protected]
Prevalenza della macroprolattinemia sierica ottenuta con differenti metodi di determinazione della prolattina
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