Olivier Jean Blanchard, Danny Quah. NBER Working Paper No. (Also Reprint Review, Vol. 79, No. 4, pp. , (September ) citation courtesy of. The most common set of restrictions constrains Ξ to be a triangular matrix (e.g., Blanchard and Quah, ). More generally, for the B-model, linear restrictions. In a comment to Blanchard and Quah (), Lippi and Reichlin () provided a simple bivariate example where learning-by-doing dynamics in productivity.
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EconPapers: The Dynamic Effects of Aggregate Demand and Supply Disturbances
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Some evidence and implications blachard Journal of Monetary EconomicsElsevier, adn. You can help correct errors and omissions. Cochrane, John H, Blanchard, Olivier Jean Quah, Danny.
The Dynamic Effects of Aggregate Demand and Supply Disturbances
Other versions of this item: The authors interpret fluctuations in GNP and unemployment as due to two types of disturbances: RePEc uses bibliographic data supplied by the respective publishers. Help us Corrections Found an error or omission? Taylor, John B, When requesting a correction, please mention this item’s handle: Olivier J Blanchard Danny Quah. The American Business Cycle: Christiano, Lawrence J, Corrections All material on this site has been provided by the respective publishers and authors.
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For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: The effect of supply disturbances on output increases steadily over time, peaking after two years and reaching a plateau after five years. As the access to this document is restricted, you may want to look for a different version below or search for a different version of it. This allows to link your profile quzh this item.
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They interpret the first as supply disturbances, the second as demand disturbances. General contact details of provider: More about this item Statistics Access and download statistics. Demand disturbances have a hump-shaped, mirror-image effect on output and unemployment.