A structural VAR business cycle model for a volatile small open economy

@inproceedings{Buckle2007ASV,
  title={A structural VAR business cycle model for a volatile small open economy},
  author={Robert A. Buckle and Kyungmin Kim and Heather Kirkham and Nathan McLellan and Jarad Sharma},
  year={2007}
}
Abstract New Zealand is a small economy exposed to a volatile climate, relatively volatile international trade prices, and its exposure to international financial markets has increased markedly since economic reforms in the 1980s. This paper applies identification techniques suggested by Cushman and Zha [Cushman, D.O. and Zha T.A., 1997. Identifying monetary policy in a small open economy under flexible exchange rates, Journal of Monetary Economics, 39, pp. 433–448.], Zha [Zha, T.A., (1999… CONTINUE READING

Citations

Publications citing this paper.
SHOWING 1-10 OF 34 CITATIONS

Weather Shocks, Climate Change and Business Cycles

VIEW 9 EXCERPTS
CITES METHODS & BACKGROUND
HIGHLY INFLUENCED

THE IDENTIFICATION OF FISCAL AND MONETARY POLICY IN A STRUCTURAL VAR

VIEW 9 EXCERPTS
CITES METHODS & BACKGROUND
HIGHLY INFLUENCED

Identifying Fiscal and Monetary Policy in a Small Open Economy VAR

VIEW 14 EXCERPTS
CITES METHODS, BACKGROUND & RESULTS
HIGHLY INFLUENCED