Construct · 1 fields · 1 citations

Blanchard-Quah decomposition: a standalone construct

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Macroeconomics

identification of supply and demand shocks in a VAR by assuming demand shocks have no long-run effect on output.

In macroeconomics, Blanchard-Quah decomposition refers to identification of supply and demand shocks in a VAR by assuming demand shocks have no long-run effect on output. This meaning comes from Blanchard (1988) in The Dynamic Effects of Aggregate Demand and Supply Disturbances.[1]

Unit
Recovery means
Measured by

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Nearby constructs

aggregate3 fields · 6 citationsjingle · one word, three constructs demand4 fields · 4 citationsjingle · one word, four constructs identification6 fields · 9 citationsjingle · one word, six constructs

References

Blanchard, O. J., & Quah, D. (1988). The Dynamic Effects of Aggregate Demand and Supply Disturbances. National Bureau of Economic Research. https://doi.org/10.3386/w2737

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