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1“...Abstract This article investigates the contribution of sentiment shocks to US fluctuations in a Structural VAR setup with restrictions at various frequencies...”
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2“...We solve a version of the analytical Real Business Cycle (RBC) model with a predetermined rate of return on household saving. The solution differs from that of...”
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3“...This paper inspects the mechanism shaping government spending multipliers in various small-scale DSGE setups with endogenous labor supply and capital...”
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4“...This paper investigates the macroeconomic effects of fiscal policy in a setting in which private agents receive noisy signals about future shocks to government...”
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5by Fève, Patrick Moura, Alban Pierrard, Olivier Published in Journal of economic dynamics & control (01.04.2019)“...This paper estimates a small-scale DSGE model of the US economy with interacting traditional and shadow banks. We find that shadow banks amplify the...”
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6“...Is risk taking an important channel by which monetary policy shocks affect economic activity? On the basis of a nonlinear structural VAR including a new...”
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7by Beaudry, Paul Fève, Patrick Guay, Alain Portier, Franck Published in Review of economic dynamics (01.10.2019)“...In SVARs, identification of structural shocks can be subject to nonfundamentalness, as the econometrician may have an information set smaller than the economic...”
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8“...This paper provides an analytical characterization of the effects of noisy news shocks on fiscal policy. We consider a small-scale Dynamic Stochastic General...”
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9by Fève, Patrick Sahuc, Jean‐Guillaume Published in Journal of applied econometrics (Chichester, England) (01.04.2017)“...Summary This paper applies the DSGE‐VAR methodology to assess the size of fiscal multipliers in the data and the relative contributions of two transmission...”
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10“...This article addresses the existence of a wide range of estimated government spending multipliers in a dynamic stochastic general equilibrium model of the euro...”
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11“...The usefulness of SVARs for developing empirically plausible models is actually subject to controversies in macroeconomics. We propose a two-step SVARs-based...”
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12by Chaudourne, Jeremy Fève, Patrick Guay, Alain Published in Journal of economic dynamics & control (01.04.2014)“...This paper studies the statistical properties of impulse response functions in structural vector autoregressions (SVARs) with a highly persistent variable as...”
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13by Patrick Fève Julien Matheron Jean-Guillaume Sahuc Published in American economic journal. Macroeconomics (01.10.2013)“...This paper examines issues related to the estimation of the government spending multiplier (GSM) in a DSGE context. We stress a source of bias in the GSM...”
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14“...The response of hours to a technology shock is a controversial issue in macroeconomics. Part of the difficulty lies in that the estimated response is sensitive...”
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15by Patrick Fève Julien Matheron Jean-Guillaume Sahuc Published in The Economic journal (London) (01.09.2010)“...The euro area as a whole has experienced a marked downward trend in inflation over the past decades and, concomitantly, a protracted period of depressed...”
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16“...Standard business cycle models face difficulties generating (i) government spending multipliers exceeding unity and (ii) stabilizing effects of government...”
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17“...The paper documents the evolution of electricity use and the development of information and communication (IC) technologies in the French service sector. To...”
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18“...This paper assesses SVARs as relevant tools at identifying the dynamic effects of news shocks. Because of the misalignment between the econometrician and...”
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19“...This article investigates the effects of a permanent technology shock on labor input in the major seven developed countries. The recent empirical literature...”
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20“...We use Structural Vector Autoregressions to study the impact of technology improvements on hours worked in the major seven countries. While previous studies...”