Whither News Shocks?
收藏NBER2014-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w20666
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资源简介：
Does news about future productivity cause business-cycle fluctuations? What other effects might it have? We explore the answer to this question using semi-structural VARs, where news is defined as the innovation in the expectation of TFP at a fixed horizon in the future. We find that systems
提供机构：
美国国家经济研究局
创建时间：
2014-11-01
