France in the Global Economy : A Structural Approximate Dynamic Factor Model Analysis /

This study identifies the main shocks that cause fluctuations in French output and their channels of transmission. It uses a large-dimensional structural approximate dynamic factor model. There are three main findings. First, common shocks, especially demand shocks, which seem to originate from the...

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Bibliographic Details
Main Author: Nadal De Simone, Francisco
Other Authors: Kabundi, Alain
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2007.
Series:IMF Working Papers; Working Paper ; No. 2007/129
Online Access:Full text available on IMF