France in the Global Economy : A Structural Approximate Dynamic Factor Model Analysis

A Structural Approximate Dynamic Factor Model Analysis

France in the Global Economy : A Structural Approximate Dynamic Factor Model Analysis
This study identifies the main shocks that cause fluctuations in French output and their channels of transmission. It uses a large-dimensional structural approximate dynamic factor model. There are three main findings. First, common shocks, especially demand shocks, which seem to originate from the U.S., play an important role in explaining... READ MORE...

Publication date: June 2007
ISBN 9781451866933
$18.00

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