The Great Moderation means the reduction in the volatility of aggregate economic activity and here we use GDP growth rate to stand for economic activity. In this paper, we apply a Markov switching model to estimate the timing of the Great Moderation in France. Subsequently, by using a Time-varying structural vector autoregression model to determine which are the main variables that cause the reduction of French GDP growth rate and to see the relationship of these variables we choose.
| Identifer | oai:union.ndltd.org:NSYSU/oai:NSYSU:etd-0716112-205338 |
| Date | 16 July 2012 |
| Creators | Tsai, Pin-Chin |
| Contributors | none, Yung-hsiang Ying, none |
| Publisher | NSYSU |
| Source Sets | NSYSU Electronic Thesis and Dissertation Archive |
| Language | Cholon |
| Detected Language | English |
| Type | text |
| Format | application/pdf |
| Source | http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0716112-205338 |
| Rights | unrestricted, Copyright information available at source archive |
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