Markups’ cyclical behaviour: the role of demand and supply shocks

Detalhes bibliográficos
Autor(a) principal: Afonso, António
Data de Publicação: 2016
Outros Autores: Jalles, João Tovar
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/25564
Resumo: We assess how demand and supply shocks (identified via the Blanchard and Quah (1989) structural vector autoregression approach) in 14 OECD countries affect markups. We find that individual responses of markups to demand shocks push down the markup for most countries (confirmed in the panel analysis). On the other hand, a supply shock has a more mixed effect.
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spelling Markups’ cyclical behaviour: the role of demand and supply shocksBlanchard–QuahMarkupVARImpulse Response FunctionsLocal ProjectionWe assess how demand and supply shocks (identified via the Blanchard and Quah (1989) structural vector autoregression approach) in 14 OECD countries affect markups. We find that individual responses of markups to demand shocks push down the markup for most countries (confirmed in the panel analysis). On the other hand, a supply shock has a more mixed effect.Taylor & Francis GroupRepositório da Universidade de LisboaAfonso, AntónioJalles, João Tovar2022-09-21T13:16:53Z20162016-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/25564engAfonso, António and João Tovar Jalles.(2016). "How does fiscal policy affect investment? Evidence from a large panel". International Journal of Finance & Economics, Vol. 23, No. 1: pp. 1-5.1466-4291 (Online)10.1080/13504851.2015.1044640info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:55:07Zoai:www.repository.utl.pt:10400.5/25564Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:09:24.361835Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Markups’ cyclical behaviour: the role of demand and supply shocks
title Markups’ cyclical behaviour: the role of demand and supply shocks
spellingShingle Markups’ cyclical behaviour: the role of demand and supply shocks
Afonso, António
Blanchard–Quah
Markup
VAR
Impulse Response Functions
Local Projection
title_short Markups’ cyclical behaviour: the role of demand and supply shocks
title_full Markups’ cyclical behaviour: the role of demand and supply shocks
title_fullStr Markups’ cyclical behaviour: the role of demand and supply shocks
title_full_unstemmed Markups’ cyclical behaviour: the role of demand and supply shocks
title_sort Markups’ cyclical behaviour: the role of demand and supply shocks
author Afonso, António
author_facet Afonso, António
Jalles, João Tovar
author_role author
author2 Jalles, João Tovar
author2_role author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Afonso, António
Jalles, João Tovar
dc.subject.por.fl_str_mv Blanchard–Quah
Markup
VAR
Impulse Response Functions
Local Projection
topic Blanchard–Quah
Markup
VAR
Impulse Response Functions
Local Projection
description We assess how demand and supply shocks (identified via the Blanchard and Quah (1989) structural vector autoregression approach) in 14 OECD countries affect markups. We find that individual responses of markups to demand shocks push down the markup for most countries (confirmed in the panel analysis). On the other hand, a supply shock has a more mixed effect.
publishDate 2016
dc.date.none.fl_str_mv 2016
2016-01-01T00:00:00Z
2022-09-21T13:16:53Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/25564
url http://hdl.handle.net/10400.5/25564
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Afonso, António and João Tovar Jalles.(2016). "How does fiscal policy affect investment? Evidence from a large panel". International Journal of Finance & Economics, Vol. 23, No. 1: pp. 1-5.
1466-4291 (Online)
10.1080/13504851.2015.1044640
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Taylor & Francis Group
publisher.none.fl_str_mv Taylor & Francis Group
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
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