The role of structural common and country-specific shocks in the business cycle dynamics of the G7 countries


Seymen, Atilim ; Kappler, Marcus


[img]
Preview
PDF
dp09015.pdf - Published

Download (334kB)

URL: http://ub-madoc.bib.uni-mannheim.de/2352
URN: urn:nbn:de:bsz:180-madoc-23529
Document Type: Working paper
Year of publication: 2009
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: C32 E32 ,
Subject headings (SWD): G-7-Staaten , Konjunktur , Schock <Wirtschaft> , Internationaler Konjunkturzusammenhang , Vektor-autoregressives Modell
Keywords (English): International Business Cycles , Common and Country-Specific Structural Shocks , Structural Vector Autoregression Models
Abstract: The study analyses the business cycles of the G7 countries in a structural vector autoregression(SVAR) framework comprising output, nominal interest rate and inflation. Common and country-specific supply, demand and nominal shocks of each G7 country are identified, and the corresponding shock propagation channels are computed. We establish the statistical properties of the cyclical fluctuations and investigate the role of each structural common and country-specific shock in the cyclical fluctuations of the variables of interest as well as the business cycle co-movement in the G7 group of countries.
Additional information:

Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




+ Citation Example and Export

Seymen, Atilim ; Kappler, Marcus (2009) The role of structural common and country-specific shocks in the business cycle dynamics of the G7 countries. Open Access [Working paper]
[img]
Preview


+ Search Authors in

+ Download Statistics

Downloads per month over past year

View more statistics



You have found an error? Please let us know about your desired correction here: E-Mail


Actions (login required)

Show item Show item