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Is Germany a hub of Factory Europe for CEE countries? : the sink approach in GVC decomposition

Kordalska, Aleksandra; Olczyk, Magdalena - 2019

The goal of the paper is to decompose gross exports/imports to/from Germany for seven selected economies in Central and Eastern Europe (CEE): the Czech Republic, Estonia, Hungary, Lithuania, Latvia, Poland, and Slovakia for 2000 and 2014, to identify the role of German in absorbing, reflecting,...

Persistent link: https://www.econbiz.de/10012033048

Trade linkages and macroeconomic effects of the price of oil

Korhonen, Iikka; Ledyaeva, Svetlana - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2008

In this paper we assess the impact of oil price shocks on oil-producer and oil-consumer economies. VAR models for …

Persistent link: https://www.econbiz.de/10005648583

Impulse response matching estimators for DSGE models

Guerron-Quintana, Pablo; Inoue, Atsushi; Kilian, Lutz - 2014

One of the leading methods of estimating the structural parameters of DSGE mod- els is the VAR-based impulse response … response parameters exceeds the number of VAR model parameters. Situations in which this order condition is violated arise …

Persistent link: https://www.econbiz.de/10010435454

The role of oil prices and the real exchange rate in Russia's economy

Rautava, Jouko - 2002

Russia's economy and fiscal policy is analysed using VAR methodology and cointegration techniques.The research period covered …

Persistent link: https://www.econbiz.de/10012148432

Do sentiment indicators help to assess and predict actual developments of the Chinese economy?

Mehrotra, Aaron; Rautava, Jouko - 2007

This paper evaluates the usefulness of business sentiment indicators for forecasting developments in the Chinese real economy.We use data on diffusion indices collected by the People's Bank of China for forecasting industrial production, retail sales and exports.Our bivariate vector...

Persistent link: https://www.econbiz.de/10012148533

Modelling the impact of aggregate financial shocks external to the Chinese economy

Qin, Duo; He, Xinhua - 2012

Ways of extracting financial condition indices (FCI) are explored and alternative FCIs external to the Chinese economy are constructed to model their predictive content. The exploration aims at highlighting the rich and varied dynamic features of financial variables underlying FCIs and the...

Persistent link: https://www.econbiz.de/10012148680

Macro-financial linkages in Egypt : a panel analysis of economic shocks and loan portfolio quality

Love, Inessa; Turk Ariss, Rima - 2013

Persistent link: https://www.econbiz.de/10009771897

Pyramid capitalism : cronyism, regulation, and firm productivity in Egypt

Diwan, Ishac; Keefer, Philip; Schiffbauer, Marc - 2016

Using a large, original database of 385 politically connected firms under the Mubarak regime in Egypt, we document for the first time the negative impact of cronyism on economic growth. In the early 2000s, a policy shift in Egypt led to the expansion of crony activities into new, previously...

Persistent link: https://www.econbiz.de/10011544875

Inference in VARs with conditional heteroskedasticity of unknown form

Brüggemann, Ralf; Jentsch, Carsten; Trenkler, Carsten - 2014

We derive a framework for asymptotically valid inference in stable vector autoregressive (VAR) models with conditional … heteroskedasticity of unknown form. We prove a joint central limit theorem for the VAR slope parameter and innovation covariance … parameter estimators and address bootstrap inference as well. Our results are important for correct inference on VAR statistics …

Persistent link: https://www.econbiz.de/10011490564

Productivity and firm dynamics over the business cycle

Assefa, Abraham; Lapitskaya, Darya; Uusküla, Lenno - 2022

Persistent link: https://www.econbiz.de/10013253091