Recession and Recovery in the United Kingdom in the 1990'+L927s: A Vector Autoregression Approach
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- Palle S. Andersen, 1997. "Forecast errors and financial developments," BIS Working Papers 51, Bank for International Settlements.
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Keywords
WP; consumption shock; savings ratio; stage VAR; shocks--impulse-response function; expenditure variable; U.K. economy; household wealth-GDP ratio; simultaneity bias problem--consumption residual; Consumption; Vector autoregression; Government consumption; Real exchange rates; Real interest rates;All these keywords.
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