Work

Are Structural VARs with Long-Run Restrictions Useful in Developing Business Cycle Theory?

Year: 2008

Type: article

Abstract: No, unless technology shocks account for virtually all of the fluctuations in output.

Source: Journal of Monetary Economics

DOI: 10.1016/j.jmoneco.2008.09.010

Authors: V.V. Chari, Patrick J. Kehoe, Ellen R. McGrattan

Institutions: University of Minnesota, Federal Reserve Bank of Minneapolis

Language: English

Topic: Monetary Policy and Economic Impact

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: green

Funder: National Science Foundation

OpenAlex ID: W2070446367

FWCI: 52.55

Cites: 68

Cited by: 272

Related to: 10