Construct · 1 fields · 1 citations

Blanchard-Perotti identification: a standalone construct

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Macroeconomics

identifying fiscal policy shocks in a VAR using institutional information on how taxes and spending respond automatically to output.

In macroeconomics, Blanchard-Perotti identification refers to identifying fiscal policy shocks in a VAR using institutional information on how taxes and spending respond automatically to output. This meaning comes from Blanchard (2002) in The Quarterly Journal of Economics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

identification6 fields · 9 citationsjingle · one word, six constructs information4 fields · 5 citationsjingle · one word, four constructs policy2 fields · 4 citationsjingle · one word, two constructs

References

Blanchard, O., & Perotti, R. (2002). An Empirical Characterization of the Dynamic Effects of Changes in Government Spending and Taxes on Output. The Quarterly Journal of Economics, 117(4), 1329-1368. https://doi.org/10.1162/003355302320935043

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