IDEAS home Printed from https://ideas.repec.org/p/mse/wpsorb/96003.html
   My bibliography  Save this paper

La modélisation multivariée des contributions : Une tentative d'explication des derniers retournements de la conjoncture

Author

Listed:
  • Bertrand Candelon

    (MAD - Université Paris 1 et Université d'Evry-Val-d'Essonne)

  • Jean-François Jacques

    (MAD - Université Paris 1 et CEPREMAP)

Abstract

This paper investigates the sources of disturbances that caused the conjonctural breakdowns in the early 90's, in France, in the United States, in the United Kingdom and in Germany, through a V.E.C.M. on contributions to growth. The historical decomposition highlights the crucial role played by consumption, stocks and investment shocks. However, one notes the major role of exportations shocks in France and in Germany or the importance of consumption's disturbance in the United States and in the United Kingdom

Suggested Citation

  • Bertrand Candelon & Jean-François Jacques, 1996. "La modélisation multivariée des contributions : Une tentative d'explication des derniers retournements de la conjoncture," Cahiers de la Maison des Sciences Economiques 96003, Université Panthéon-Sorbonne (Paris 1).
    • Handle: RePEc:mse:wpsorb:96003
    as

    Download full text from publisher

    File URL: https://shs.hal.science/halshs-04987049
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Last recession; Business cycles; VECM methodology; history decomposition of variance;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mse:wpsorb:96003. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Lucie Label (email available below). General contact details of provider: https://edirc.repec.org/data/msep1fr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.