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CAUSES AND CHARACTERISTICS OF BUSINESS CYCLE IN LITHUANIA: A STRUCTURAL var APPROACH

We investigate the structural disturbances underlying the business cycle in Lithuania in the bivariate time series framework. In the structural VAR model constructed productivity, hours of work and output fluctuations over the business cycle are composed of technology and non-technology shocks. We f...

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Pubblicato in:Ekonomika
Autore principale: Aurelija Proškutė
Natura: Artigo
Lingua:Inglês
Pubblicazione: Vilniaus Universitetas 2012
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Accesso online:https://www.redalyc.org/articulo.oa?id=692273704003
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