Similar Search Results

Oil price shocks, monetary policy and current account imbalances within a currency union

Baas, Timo; Belke, Ansgar - 2017

trade result in an asymmetric reaction to an otherwise symmetric shock. In this context, we show that oil price shocks can …

Persistent link: https://www.econbiz.de/10011785688

Transmission of US and EU economic policy uncertainty shock to Asian economies in bad and good times

Balcilar, Mehmet; Ozdemir, Zeynel Abidin; Ozdemir, Huseyin - 2020

This study empirically examines the fragility of five major Asian economies (China, Hong Kong, India, Japan, and South Korea) to economic policy uncertainty (EPU) of US and EU, and oil prices in different state of the economies. To investigate these dynamics, we use the relative tail dependence...

Persistent link: https://www.econbiz.de/10012226632

Growing up in a recession : beliefs and the macroeconomy

Giuliano, Paola; Spilimbergo, Antonio - 2009

Do generations growing up during recessions have different socio-economic beliefs than generations growing up in good times? We study the relationship between recessions and beliefs by matching macroeconomic shocks during early adulthood with self-reported answers from the General Social Survey....

Persistent link: https://www.econbiz.de/10003884097

Macroeconomic policy and unemployment by economic activity : evidence from Turkey

Berument, Hakan (contributor); Dogan, Nukhet (contributor); … - 2008

that the positive income shock is followed by a decrease in unemployment in all economic activity groups during the initial … periods except the unemployment in the Electricity sector and the Community Services sector. A positive money shock decreases … positive interbank interest rate shock increases the unemployment in all economic activities at the initial levels but derives …

Persistent link: https://www.econbiz.de/10003688806

Rationalizable suicides : evidence from changes in inmates' expected length of sentence

Campaniello, Nadia; Diasakos, Theodoros; Mastrobuoni, … - 2014

Is there a rational component in the decision to commit suicide? Economists have been trying to shed light on this question by studying whether suicide rates are related to contemporaneous conditions. This paper goes one step further: we test whether suicides are linked to forward-looking...

Persistent link: https://www.econbiz.de/10010386011

The role of demographics in precipitating crises in financial institutions

Macunovich, Diane J. - 2009

There are significant effects of changing demographics on economic indicators: growth in GDP especially, but also the current account balance and gross capital formation. The 15-24 age group appears to be one of the key age groups in these effects, with increases in that age group exerting...

Persistent link: https://www.econbiz.de/10003900319

Labor market reforms and current account imbalances : beggar-thy-neighbor policies in a currency union?

Baas, Timo; Belke, Ansgar - 2014

Member countries of the European Monetary Union (EMU) initiated wide-ranging labor market reforms in the last decade. This process is ongoing as countries that are faced with serious labor market imbalances perceive reforms as the fastest way to restore competitiveness within a currency union....

Persistent link: https://www.econbiz.de/10010403902

Equipping immigrants : migration flows and capital movements

Lange, Fabian (contributor); Gollin, Douglas (contributor) - 2007

Both policy makers and researchers have devoted considerable attention in recent years to the large current account and capital account imbalances among OECD countries. In particular, the size of the United States current account deficit has attracted intense attention and spawned numerous...

Persistent link: https://www.econbiz.de/10003583929

Aggregate savings and external imbalances in China

Yang, Dennis Tao - 2012

Over the last decade, the internal and external macroeconomic imbalances in China have risen to unprecedented levels. In 2008, China's national savings rate soared to over 53 percent of its GDP, whereas its current account surplus exceeded 9 percent of GDP. The current paper presents a unified...

Persistent link: https://www.econbiz.de/10009656609

Foreign capital and economic growth

Prasad, Eswar S. (contributor); … - 2007

We document the recent phenomenon of "uphill" flows of capital from nonindustrial to industrial countries and analyze whether this pattern of capital flows has hurt growth in nonindustrial economies that export capital. Surprisingly, we find that there is a positive correlation between current...

Persistent link: https://www.econbiz.de/10003591497

1
2
3
4
5
6
7
8
9
10
Next
Last