.png){kind=icon}
返回
.png){kind=icon}
.png){kind=icon}
摘要
En 中文
This article investigates the contribution of sentiment shocks to US fluctuations in a Structural VAR setup with restrictions at various frequencies. Sentiments shocks are identified as shocks orthogonal to fundamentals that account for most of the variance of confidence. We obtain that, contrary to news shocks on total factor productivity, sentiment shocks explain little of quantities and prices. Sentiments shocks mostly appear as an idiosyncratic component of confidence. These results are robust to various perturbations.
Keyword:
AGGREGATE DEMAND
NEWS
FLUCTUATIONS
INFORMATION
AI总结
对已上传原文的论文进行重点信息的提取，主要内容包括：简要概述、研究摘要、背景介绍、关键亮点、图文解析、展望与总结。
期刊
IF:
3.6
论文数:
5.5K
被引数:
1.6W
机构
暂无机构信息
引用论文
.png){kind=icon}
分享.png){kind=icon}
收藏分享收藏分享收藏CHRONICLE OF A WAR FORETOLD: THE MACROECONOMIC EFFECTS OF ANTICIPATED DEFENCE SPENDING SHOCKS.png)
ECONOMIC JOURNAL.png)
OAAI
ECONOMIC JOURNALIF3.6
OAAI分享收藏分享收藏
查看更多内容