Showing 1 - 10 of 33
. Specifically, it uses fractional integration methods to estimate persistence at the daily, weekly and monthly frequencies in the …
Persistent link: https://www.econbiz.de/10012653308
fractional integration methods to long runs of annual data starting in 1831 for the UK and the US, in 1862 for Italy and in 1881 …
Persistent link: https://www.econbiz.de/10015077843
The expansion of regionalism has spawned an extensive theoretical literature analysing the effects of Free Trade Agreements (FTAs) on trade flows. In this paper we focus on FTAs (also called European agreements) between the European Union (EU-15) and the Central and Eastern European countries...
Persistent link: https://www.econbiz.de/10003763931
on fractional integration at the long run or zero frequency, although adequately describing the persistent behaviour of …
Persistent link: https://www.econbiz.de/10009380406
fractional integration models. This type of analysis sheds light on the degree of persistence of the series, and on whether …
Persistent link: https://www.econbiz.de/10010256726
Persistent link: https://www.econbiz.de/10003624017
This paper examines the effects of the COVID-19 pandemic on stock returns, CDS and economic activity in the US and the five European countries (the UK, Germany, France, Italy, and Spain) which have been most affected. The sample period covers the dates from the first confirmed COVID-19 cases in...
Persistent link: https://www.econbiz.de/10012625628
general, since it allows for fractional integration with stochastic patterns at the zero and cyclical frequencies and includes …
Persistent link: https://www.econbiz.de/10012123055
This paper investigates unemployment persistence in the 27 EU member states by applying fractional integration methods …, France, Croatia, Italy, Luxembourg and Malta display orders of integration significantly lower than 1. In addition …
Persistent link: https://www.econbiz.de/10012668044
This paper analyses the short- and long-run effects of trade openness on financial development in a panel including data on 35 European countries over the period 2001-2019. For this purpose, it uses the PMG (pooled mean group) estimator for dynamic panels developed by Pesaran et al. (1999). The...
Persistent link: https://www.econbiz.de/10012514560