Estimating the financial crisis' impact on potential output

被引:9
作者
Benati, Luca [1 ]
机构
[1] Univ Bern, Dept Econ, CH-3001 Bern, Switzerland
关键词
Financial crisis; Structural VARs; Long-run restrictions; MONETARY-POLICY RULES; INFLATION;
D O I
10.1016/j.econlet.2011.09.018
中图分类号
F [经济];
学科分类号
02 ;
摘要
I use a multivariate Blanchard-Quah decomposition to investigate the financial crisis' impact on potential output in the Euro area, the US, Japan, and the UK. I detect an impact for all countries, which is especially severe for the UK. (C) 2011 Elsevier B.V. All rights reserved.
引用
收藏
页码:113 / 119
页数:7
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