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  • Search: subject:"smooth transition vector autoregression model"
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Bayesian 1 International business cycle 1 smooth transition vector autoregression model 1
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Free 1
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Book / Working Paper 1
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English 1
Author
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Gefang, Deborah 1 Strachan, Rodney 1
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Department of Economics, Leicester University 1
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Discussion Papers in Economics 1
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RePEc 1
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Nonlinear Impacts of International Business Cycles on the UK — a Bayesian Smooth Transition VAR
Gefang, Deborah; Strachan, Rodney - Department of Economics, Leicester University - 2008
Employing a Bayesian approach, we investigate the impact of international business cycles on the UK economy in the context of a smooth transition VAR. We find that British business cycle is asymmetrically influenced by the US, France and Germany. Overall, positive and negative shocks generating...
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