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Shibayama, Katsuyuki - 2008

.S. (i.e., forward-looking monetary policy), but not in Japan. The central banks in both countries react sharply to demand …

Persistent link: https://www.econbiz.de/10010277802

China – opportunities of and constraints on the new global player

Siebert, Horst - In: CESifo Forum 08 (2007) 4, pp. 52-61

Persistent link: https://www.econbiz.de/10011695885

An Assessment of Putin’s Economic Policy

Åslund, Anders - In: CESifo Forum 09 (2008) 2, pp. 16-21

Persistent link: https://www.econbiz.de/10011695894

The impact of the global business cycle on small open economies: A FAVAR approach for Canada

Vasishtha, Garima; Maier, Philipp - 2011

the Canadian economy. We focus on several sources of shocks, including commodity prices, foreign economic activity, and … comprehensive picture of the effect of international shocks on the Canadian economy. Our findings indicate that Canada is primarily … prices impact the Canadian economy: Canada benefits from higher commodity prices through a positive terms of trade shock, but …

Persistent link: https://www.econbiz.de/10010279885

How strongly did the 2007/08 oil price hike contribute to the subsequent recession?

Carstensen, Kai; Elstner, Steffen; Paula, Georg - 2011

aggregate the firm level information into a single indicator that signals in which periods the German economy was in a supply …

Persistent link: https://www.econbiz.de/10010274918

Real wages and business cycle asymmetries

Woitek, Ulrich - 2004

discussed in the literature. In addition, one should also consider whether the economy is in an upswing or a downswing. In …

Persistent link: https://www.econbiz.de/10010261205

Eigenvalue filtering in VAR models with application to the Czech business cycle

Beneš, Jaromír; Vávra, David - 2005

We propose the method of eigenvalue filtering as a new tool to extract time series subcomponents (such as business-cycle or irregular) defined by properties of the underlying eigenvalues. We logically extend the Beveridge-Nelson decomposition of the VAR time-series models focusing on the...

Persistent link: https://www.econbiz.de/10011604595

China's business cycles: Perspectives from an AD-AS model

Zhang, Yin; Wan, Guanghua - 2004

This paper represents a first attempt to study China’s business cycles using a formal analytical framework, namely, a structural VAR model. It is found that: (a) demand shocks were the dominant source of macroeconomic fluctuations, but supply shocks had gained more importance over time; (b) the...

Persistent link: https://www.econbiz.de/10010284541

Skill-biased technological change and the business cycle

Balleer, Almut; Van Rens, Thijs - 2012

Over the past two decades, technological progress in the United States has been biased towards skilled labor. What does this imply for business cycles? We construct a quarterly skill premium from the CPS and use it to identify skill-biased technology shocks in a VAR with long-run restrictions....

Persistent link: https://www.econbiz.de/10010286842

Potential output estimations for Hungary: A survey of different approaches

Benk, Szilárd; Jakab, Zoltán M.; Vadas, Gábor - 2005

This paper is a comprehensive analysis of Hungary's potential output. Since the concept of potential output is not unique, we present various interpretations of potential GDP, along with a large set of techniques for estimating it. Various estimates are presented and robustness analyses are...

Persistent link: https://www.econbiz.de/10010322392