Series: IMF Working Papers
Author(s): Francisco Nadal De Simone , and Alain Kabundi
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 2007
Keywords: Dynamic factor models, international business cycles, sign restrictions, fixed capital formation, capital formation, balance of payments, terms of trade, fixed investment,
This study identifies the main shocks that cause fluctuations in French output and their channels of transmission. It uses a large-dimensional structural approximate dynamic factor model. There are three main findi...