Real sectoral spillovers: A dynamic factor analysis of the great recession
Dynamic factor methods are used to identify the impact of common and idiosyncratic shocks on sixteen U.S. nonfarm business sectors. This paper then studies changes in the transmission of these shocks across sectors during the Great Recession, and evaluates the cross-sectoral spillovers. The Great Re...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier B.V.
2019
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| Subjects: | |
| Online Access: | View Fulltext in Publisher |