Search Results - subject:"Business cycles"

Synchronization of endogenous business cycles

Pangallo, Marco - 2023

Business cycles tend to comove across countries. However, standard models that attribute comovement to propagation of … that produce business cycles endogenously, through some form of non-linear dynamics' limit cycles or chaos. These models …, we study a demand-driven model in which business cycles emerge from strategic complementarities within countries …

Persistent link: https://www.econbiz.de/10013489752

A single monetary policy for heterogeneous labour markets : the case of the euro area

Gomes, Sandra; Jacquinot, Pascal; Lozej, Matija - 2023

Differences in labour market institutions and regulations between countries of the monetary union can cause divergent responses even to a common shock. We augment a multi-country model of the euro area with search and matching framework that differs across Ricardian and hand-to-mouth households....

Persistent link: https://www.econbiz.de/10013492935

The heterogeneous effects of carbon pricing : macro and micro evidence

Berthold, Brendan; Cesa-Bianchi, Ambrogio; Di Pace, Federico - 2023

Persistent link: https://www.econbiz.de/10014318108

Financial intermediation, capital accumulation, and crisis recovery

Gersbach, Hans; Rochet, Jean-Charles; Scheffel, Martin - In: Review of finance : journal of the European Finance … 27 (2023) 4, pp. 1423-1469

Persistent link: https://www.econbiz.de/10014318306

Positive externalities of the EU cohesion policy : toward more synchronised CEE countries?

Dicharry, Benoit; Štiblárová, Ľubica - In: International economics and economic policy 20 (2023) 3, pp. 485-508

Persistent link: https://www.econbiz.de/10014328983

Post COVID-19 exit strategies and emerging markets economic challenges

Aizenman, Joshua; Itō, Hiro - In: Review of international economics 31 (2023) 1, pp. 1-34

Persistent link: https://www.econbiz.de/10014278119

Examining the effect of IMF conditionality on natural resource policy

Goes, Iasmin - In: Economics & politics 35 (2023) 1, pp. 227-285

Persistent link: https://www.econbiz.de/10014279836

Housing prices in Spain : convergence or decoupling?

Ghirelli, Corinna; Leiva-León, Danilo; Urtasun, Alberto - In: SERIEs : Journal of the Spanish Economic Association 14 (2023) 2, pp. 165-187

In this article, we measure changes in the synchronization of housing price cycles across Spanish cities over time. We rely on a regime-switching framework that identifies the housing price cycles of pairs of cities and simultaneously infers the evolving relation between those cycles. These...

Persistent link: https://www.econbiz.de/10014281325

A single monetary policy for heterogeneous labour markets : the case of the euro area

Gomes, Sandra; Jacquinot, Pascal; Lozej, Matija - 2023

Persistent link: https://www.econbiz.de/10014283863

The origins and effects of macroeconomic uncertainty

Bianchi, Francesco; Kung, Howard; Tirskikh, Mikhail - In: Quantitative economics : QE ; journal of the … 14 (2023) 3, pp. 855-896

We estimate a production‐based general equilibrium model featuring demand‐ and supply‐side uncertainty and an endogenous term premium. Using term structure and macroeconomic data, we find sizable effects of uncertainty on risk premia and business cycle fluctuations. Both demand‐ and...

Persistent link: https://www.econbiz.de/10014362538