Recession and Recovery in the United Kingdom in the 1990'+L927s : A Vector Autoregression Approach /

This paper uses a vector autoregression (VAR) approach to identify the causes of the 1990-92 recession in the UK. The VAR approach is shown to be particularly pertinent for quantifying the relative magnitude of the different demand shocks, and in decomposing them into monetary and expectational fact...

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Bibliografski detalji
Glavni autor: Catao, Luis
Daljnji autori: Ramaswamy, Ramana
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 1995.
Serija:IMF Working Papers; Working Paper ; No. 1995/040
Online pristup:Full text available on IMF