... to identify exogenous shocks (see Brunnermeier et al. (2021) for a detailed description of this identification approach). Labor market Heterogeneous agents Macroeconomic shocks SVAR Identification via heteroskedasticity E24 J24 C11 C32 E32 Coordenação de Aperfeiçoamento de...

... loans showed significantly smaller fluctuations in downturns than those provided to active workers. Fiscal multiplier Household debt Social benefits Demand-led growth E12 E32 E51 E62 Econometric research examining the effects of fiscal shocks on economic output has underscored...

... of this licence may be seen at http://creativecommons.org/licences/by/4.0/legalcode DSGE News shocks Commodity prices Small open economies E32 F41 The early years of the 21st century witnessed a remarkable growth in commodity prices, and many small, open commodity-exporting economies...

... as a precaution against this situation on an empirical plane. (1) B 0 Y t = B 1 ( L ) Y t + A ω t (2) B 1 ( L ) = ∑ i = 1 p B 1 i L i Economic policy uncertainty SVAR Monetary policy E02 E32 E52 I have found...

... show inconclusive (acyclic) results. Business cycles Total factor productivity Regional economy Colombian manufacturing D24 E32 P25 C33 The related literature documents a bidirectional causal link amongst business cycles and productivity [1] . Following Aghion and Saint-Paul...