Hamdad, Malika; Harchaoui, Tarek M. - In: L'Actualité Economique 80 (2004) 2, pp. 421-437
The persistence of shocks to aggregate output in Canada is investigated under a multisectoral framework. This approach allows for a decomposition of the persistent effect of output into macro and “other” possibly sector-specific shocks. The framework makes the distinction between the pre-war...