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Title:Transmission mechanisms of shocks in open economy and new Keynesian DSGE models Author(s):ENDERS, ZenoDate:2007Citation:
- Florence : European University Institute, 2007
Type:ThesisSeries/Number:EUI PhD theses; Department of EconomicsAbstract:This thesis deals with the transmission of shocks, i.e. how economics adjust to unforeseen changes in either exogenous circumstances or policy variables. It is divided in three parts, including this introduction. The second ...
Title:S-Curve Redux: On the International Transmission of Technology Shocks Author(s):ENDERS, Zeno; MÜLLER, Gernot J.Date:2006Type:Working PaperSeries/Number:EUI ECO; 2006/36Abstract:Using vector autoregressions on U.S. time series, we find that technology shocks induce an ‘S’-
shaped cross-correlation function for the trade balance and the terms of trade (S-curve). In calibrating
a prototypical ...