Showing 1 - 10 of 13
We estimate a structural vector autoregressive (SVAR) model of the French economy. The econometric method originates in Blanchard and Perotti [Quarterly Journal of Economics, 2002] but owes also extensively to the fiscal theory of the price level (FTPL) that investigates the interactions between...
Persistent link: https://www.econbiz.de/10013108585
Persistent link: https://www.econbiz.de/10003401869
We estimate a structural vector autoregressive (SVAR) model of the French economy. The econometric method originates in Blanchard and Perotti [Quarterly Journal of Economics, 2002] but owes also extensively to the fiscal theory of the price level (FTPL) that investigates the interactions between...
Persistent link: https://www.econbiz.de/10014061828
Persistent link: https://www.econbiz.de/10003412165
Persistent link: https://www.econbiz.de/10002868633
Persistent link: https://www.econbiz.de/10002850351
Persistent link: https://www.econbiz.de/10002853901
Persistent link: https://www.econbiz.de/10002236943
Persistent link: https://www.econbiz.de/10002850382
Estimates of the Nairu generally suffer from a large uncertainty, which can be reduced by adopting a bivariate framework and assuming that shifts of the Phillips curve share a common trend with the unemployment rate. We consider in this paper if this common trend assumption is empirically...
Persistent link: https://www.econbiz.de/10013120707