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protectionist government stimulated the economy by increasing government expenditure. …
Persistent link: https://www.econbiz.de/10013337792
We study the multifaceted effects and persistence of trade policy shocks on financial markets in a structural vector autoregression. The model is identified via event day heteroskedasticity. We find that restrictive US trade policy shocks affect US and international stock prices heterogeneously,...
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Along time the European Union (EU) has been pointed as the most succeeded example of regional integration. Now, this example has been cruelly shaken by the EZ (Euro Zone) crisis, originating increasing doubts about the integration process. It is evident that the proposed solutions for attacking...
Persistent link: https://www.econbiz.de/10011515832
theme of our investigation is topical because of the modern world economy processes. Some countries have been using … quantitative easing by developing countries might have negative effect on the economy. Moreover, a key interest rate (or discount … a national economy. Specific objectives of the investigation are: 1) to determine effect of using different instruments …
Persistent link: https://www.econbiz.de/10011867054
the universities' effects on the supply side of the economy, and analyzes the long term impacts of the universities on … their local economy. Taking as a case study the Spanish University System, it proposes a methodology for estimating the … effects of university activity on the Spanish economy in terms of its contribution to the increase of human capital, of …
Persistent link: https://www.econbiz.de/10011475812
There is a general acceptance of the fact that a significant direct relationship between financial markets and macroeconomic variables exists, especially by considering the assertion that developed financial markets correspond to high GDP levels. This paper provides an investigation of the...
Persistent link: https://www.econbiz.de/10011480254
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