How Long is the Long Run? A Dynamic Analysis of the Spanish Business Cycle /
This paper studies the sources of Spanish business cycles. It assumes that Spanish output is affected by two types of shocks. The first one has permanent long-run effects on output and it is identified as a supply shock. The second one has only transitory effects on output and it is identified as a...
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Other Authors: | , |
Format: | Book |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
1997
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Series: | IMF Working Papers; Working Paper ;
No. 1997/074 |
Subjects: |