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Comparing shocks and frictions in US and euro area business cycles : a Bayesian DSGE approach

Smets, Frank; Wouters, Rafael - 2004

This paper estimates a DSGE model with many types of shocks and frictions for both the US and the euro area economy over a common sample period (1974-2002). The structural estimation methodology allows us to investigate whether differences in business cycle behaviour are due to differences in...

Persistent link: https://www.econbiz.de/10011625697

Comparing shocks and frictions in US and euro area business cycles : a Bayesian DSGE approach

Smets, Frank; Wouters, Rafael - In: Journal of applied econometrics 20 (2005) 2, pp. 161-183

Persistent link: https://www.econbiz.de/10002729071

Comparing shocks and frictions in US and Euro Area Business Cycles : a Bayesian DSGE approach

Smets, Frank; Wouters, Rafael - 2004

Persistent link: https://www.econbiz.de/10002340881

Comparing shocks and frictions in US and Euro area business cycles : a Bayesian DSGE approach

Smets, Frank (contributor); Wouters, Rafael (contributor) - 2004

Persistent link: https://www.econbiz.de/10002554857

Comparing shocks and frictions in US and euro area business cycles : a Bayesian DSGE approach

Smets, Frank; Wouters, Rafael - 2004

Persistent link: https://www.econbiz.de/10002459885

Comparing Shocks and Frictions in US and Euro Area Business Cycles : A Bayesian DSGE Approach

Smets, Frank - 2010

Persistent link: https://www.econbiz.de/10013137108

Global economic recovery progresses overall

Gern, Klaus-Jürgen; Hauber, Philipp; Kooths, Stefan; … - 2020

is likely to decline again in the fourth quarter, output should continue to rise in most of the rest of the world, with … global growth from September by 0.2 percentage points for 2020 and by 0.6 percentage points for 2021. We now expect world … world trade in goods, we expect an increase of 8.8 percent, following a decline of 5.4 percent this year. …

Persistent link: https://www.econbiz.de/10012392680

Schwellenländer tragen die Expansion der Weltwirtschaft

Dovern, Jonas; Gern, Klaus-Jürgen; Jannsen, Nils; … - In: Weltkonjunktur im ... (2010) 1, pp. 3-35

Persistent link: https://www.econbiz.de/10003965681

World economy is gaining traction

Gern, Klaus-Jürgen; Hauber, Philipp; Kooths, Stefan; … - 2016

World economic growth has picked up from the sluggish pace registered at the start of the year. We expect global growth …

Persistent link: https://www.econbiz.de/10012061456

Higher economic growth through macroeconomic policy coordination? : the combination of wage policy and monetary policy

Gern, Klaus-Jürgen; Meier, Carsten-Patrick; Scheide, … - 2003

Strengthening potential output is high on the agenda for economic policy in the European Union. While there is widespread agreement that structural policies have a positive impact on long-term growth, there is a controversial discussion whether coordination of macroeconomic policies can...

Persistent link: https://www.econbiz.de/10011451765