five

TFP, News, and "Sentiments:" The International Transmission of Business Cycles

收藏
NBER2015-03-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w21010
下载链接
链接失效反馈
官方服务:
资源简介:
We propose a novel identification scheme for a non-technology business cycle shock, that we label "sentiment." This is a shock orthogonal to identified surprise and news TFP shocks that maximizes the short-run forecast error variance of an expectational variable, alternatively a GDP forecast or a
提供机构:
美国国家经济研究局
创建时间:
2015-03-01
二维码
社区交流群
二维码
科研交流群
商业服务