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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Detalhes bibliográficos
Autor principal: Catao, Luis
Outros Autores: Ramaswamy, Ramana
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1995.
Colecção:IMF Working Papers; Working Paper ; No. 1995/040
Acesso em linha:Full text available on IMF