Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/27697
Authors: 
Seymen, Atilim
Kappler, Marcus
Year of Publication: 
2009
Series/Report no.: 
ZEW Discussion Papers 09-015
Abstract: 
The study analyses the business cycles of the G7 countries in a structural vector autoregression(SVAR) framework comprising output, nominal interest rate and inflation. Common and country-specific supply, demand and nominal shocks of each G7 country are identified, and the corresponding shock propagation channels are computed. We establish the statistical properties of the cyclical fluctuations and investigate the role of each structural common and country-specific shock in the cyclical fluctuations of the variables of interest as well as the business cycle co-movement in the G7 group of countries.
Subjects: 
International Business Cycles
Common and Country-Specific Structural Shocks
Structural Vector Autoregression Models
JEL: 
C32
E32
Document Type: 
Working Paper

Files in This Item:
File
Size
326.49 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.