Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/88693
Authors: 
Beaudry, Paul
Portier, Franck
Seymen, Atılım
Year of Publication: 
2013
Series/Report no.: 
ZEW Discussion Papers 13-110
Abstract: 
Recent empirical literature delivered, based on different structural VAR approaches, controversial results concerning the role of anticipated technology-news-shocks in business cycle fluctuations. We deal with this controversy and investigate (i) the extent to thich two prominent structural VAR approaches can be usefull in recuperating news shock dynamics from artificially generated data in general and (ii) why and to what extent these SVAR approaches differ in the results the deliver in particular. Thereby, we provide several insights for the users of both VAR techniques with small samples in practice.
Subjects: 
News Shocks
Structural VAR
Identification
JEL: 
C32
E32
Document Type: 
Working Paper

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