How Long is the Long Run? : A Dynamic Analysis of the Spanish Business Cycle /

This paper studies the sources of Spanish business cycles. It assumes that Spanish output is affected by two types of shocks. The first one has permanent long-run effects on output and it is identified as a supply shock. The second one has only transitory effects on output and it is identified as a...

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Detalhes bibliográficos
Autor principal: Lopez, J.
Outros Autores: Fabrizio, Stefania, Ubide, Angel
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1997.
Colecção:IMF Working Papers; Working Paper ; No. 1997/074
Acesso em linha:Full text available on IMF