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FREQUENCY ASPECTS OF INFORMATION TRANSMISSION IN NETWORKS OF EQUITY MARKETS
Roesch, Angi; Schmidbauer, Harald; Uluceviz, Erhan - EcoMod Network - 2014
The dating of cyclical phenomena in economies, such as business cycles, is at the core of economic policy research. Moreover, policy decisions which are due to affect interacting economies should take into account the economies' connectedness and synchronicity. The cross-country analysis of...
Persistent link: https://www.econbiz.de/10010886647
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How Does Monetary Policy Respond to Financial Stress?
Horvath, Roman; Baxa, Jaromir; Vasicek, Borek - EcoMod Network - 2011
We examine whether and how main central banks responded to episodes of financial stress over the last three decades.Time-varying parameter model with endogenous regressorsQuantify the time-varying effect of financial stress (and its components) on interest rate setting.
Persistent link: https://www.econbiz.de/10010886715
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The macroeconomic consequences of migration diversion: Evidence for Germany and the UK
Baas, Timo; Brücker, Herbert - EcoMod Network - 2011
This paper examines the macroeconomic consequences of the diversion of migration flows away from Germany towards the UK …
Persistent link: https://www.econbiz.de/10010887954
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Linking DefraTAP and Aglink models
Kitou, Elisavet; Davies, Grant; Philippidis, George - EcoMod Network - 2012
, e.g. CAP reform, FTAs, WTO, and their impact on the agricultural sector, with particular emphasis in the UK. General …
Persistent link: https://www.econbiz.de/10010902556
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The validity of Wagner’s Law in United Kingdom for the period 1850-2010.
Paparas, Dimitrios; Richter, Christian; Paparas, Dimitrios - EcoMod Network - 2012
can be applied in the U.K. public spending expansion for the period 1850-2010. According to Wagner’s hypothesis … support of Wagner’s and Keynesian hypotheses. The Keynesian hypothesis proves to be true in UK and means that the public … such as UK should reduce the role and the size of public sector of the government in order to meet higher growth and …
Persistent link: https://www.econbiz.de/10010902583
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Modelling Migration in an OLG Framework: the Case of UK Migration Policy
Lisenkova, Katerina; Mérette, Marcel - EcoMod Network - 2013
This paper uses an OLG CGE model for the UK to illustrate the long-term effect on migration on the macroeconomy. As an … illustration we use current UK government's migration target to reduce net migration "from hundreds of thousands to tens of …
Persistent link: https://www.econbiz.de/10010902711
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TIME VARYING LONG RUN DYNAMICS AND CONVERGENCE IN THE UK ENERGY MARKET
Houllier, Melanie; Menezes, Lilian M. De; Tamvakis, Michael - EcoMod Network - 2014
generated by RES-E by 2020 in the UK. This change in energy mix may have altered traditional associations between fuel inputs … employed to investigare common long run dynamics in the UK energy sector for stationary and non-stationary periods respectively …. UK electricity spot prices are found to be locally non-stationary processes (see Figure 1), which means that there are …
Persistent link: https://www.econbiz.de/10010935288