• Title of article

    Decomposing the contribution of smaller shocks to the stabilization of GDP

  • Author/Authors

    David Bivin، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2006
  • Pages
    6
  • From page
    444
  • To page
    449
  • Abstract
    Two variance decompositions are employed to identify those factors that account for the enhanced stability of GDP since 1984. Smaller direct shocks to GDP account for most of the stabilization and inventory investment and residential fixed investment exhibit the greatest stabilization.
  • Keywords
    stabilization , Business cycles , Vector autoregression , GDP
  • Journal title
    Economics Letters
  • Serial Year
    2006
  • Journal title
    Economics Letters
  • Record number

    435957