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A systematic framework for analyzing the dynamic effects of permanent and transitory shocks

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  • Gonzalo, Jesus
  • Ng, Serena

Abstract

This paper proposes a systematic framework for analyzing the dynamic effects of permanent and transitory shocks on a system of "n" economic variables.
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  • Gonzalo, Jesus & Ng, Serena, 2001. "A systematic framework for analyzing the dynamic effects of permanent and transitory shocks," Journal of Economic Dynamics and Control, Elsevier, vol. 25(10), pages 1527-1546, October.
  • Handle: RePEc:eee:dyncon:v:25:y:2001:i:10:p:1527-1546
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