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This paper analyzes the contribution of supply and demand shocks, and labor market shocks, to the evolution of regional production and inflation of manufactured goods in Mexico within the context of the pandemic. Under the identification of a Bayesian Structural Vector Autoregressive (SBVAR)...
Persistent link: https://www.econbiz.de/10014540971
inflation/unemployment responses to money growth shocks. SVAR (structural vector autoregression) and GMM (generalised method of …
Persistent link: https://www.econbiz.de/10010276468
autoregression (SVAR). Empirical evidence shows that dollarization index has been on the increase in Nigeria since 1994, despite …
Persistent link: https://www.econbiz.de/10011482609
-regressions (SVAR) to understand the role of supply and demand shocks as key drivers of inflation. Long-run restrictions according to …
Persistent link: https://www.econbiz.de/10011260411
inflation/unemployment responses to money growth shocks. SVAR (structural vector autoregression) and GMM (generalised method of …
Persistent link: https://www.econbiz.de/10005008807
In this paper we estimate a structural VAR model to identify the causes of inflation in Ecuador. To examine the VAR dynamics, we use the decomposition of the variance because it provides information about the relative importance of each shock to the variables in the VAR. We differ from previous...
Persistent link: https://www.econbiz.de/10005059103
autoregression (SVAR) system of equations estimating technique with long-run restrictions. The measure of CU that we derive for the …, however, show that the explanatory content of the SVAR measure with regard to the acceleration of inflation exceeds that of …
Persistent link: https://www.econbiz.de/10005062995
We analyse the impact of fiscal policy shocks in the euro area as a whole, using a newly available quarterly dataset of fiscal variables for the period 1981-2007. To allow for comparability with previous results on euro area countries and the US, we use a standard structural VAR framework, and...
Persistent link: https://www.econbiz.de/10011605179
Persistent link: https://www.econbiz.de/10014338631
This paper analyzes the contribution of supply and demand shocks, and labor market shocks, to the evolution of regional production and inflation of manufactured goods in Mexico within the context of the pandemic. Under the identification of a Bayesian Structural Vector Autoregressive (SBVAR)...
Persistent link: https://www.econbiz.de/10014390510