Normal Dry i q t r Variable definitions: volume of export; domestic expenditure; domestic output; domestic prices; x, d, y, e, π, real exchange rates; domestic interest rates; domestic financial conditions; tourism receipts; i, q, t, r, remittances 8 Historical decomposition of the Moroccan business cycle
Normal Dry i q t r Variable definitions: x, volume of export; d, domestic expenditure; y, domestic output; π, domestic prices; e, real exchange rates; i, domestic interest rates; q, domestic financial conditions; t, tourism receipts; r, remittances 8 Historical decomposition of the Moroccan business cycle
9906-A-nonlinear-structural-threshold-vector-autoregressive-model-with-block-exogeneity-restrictions-for-the-business-cycle.docx