The Granular Origins of Macroeconomic Fluctuations in Europe /
This paper investigates the microeconomic origins of aggregate economic fluctuations in Europe. It examines the relevance of idiosyncratic shocks at the top 100 large firms (the granular shocks) in explaining aggregate macroeconomic fluctuations. The paper also assesses the strength of spillovers fr...
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| Formaat: | Tijdschrift |
| Taal: | English |
| Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
2017.
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| Reeks: | IMF Working Papers; Working Paper ;
No. 2017/229 |
| Online toegang: | Full text available on IMF |