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
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