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Real Sectoral Spillovers: A Dynamic Factor Analysis of the Great Recession
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Type: BOOK - Published: 2018-05-09 - Publisher: International Monetary Fund

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This paper studies changes in the transmission of common versus sectoral idiosyncratic shocks across different U.S. nonfarm business sectors during the Great Re
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Language: en
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This paper studies changes in the transmission of common versus sectoral idiosyncraticshocks across different U.S. nonfarm business sectors during the Great Rec
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Authors: MissNan Li
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Type: BOOK - Published: 2018-05-09 - Publisher: International Monetary Fund

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Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economi