Showing 1 - 10 of 30
This study explores the influence of trade policy uncertainty on medical innovation investment in developing nations … from 1980 to 2020, with a focus on the period of COVID-19. We used exogenous and heterogeneous exposure to trade-policy-uncertainty … reducing tariff uncertainty boosts innovation beyond patent filings and margin reaction and exports. Long-term impacts of …
Persistent link: https://www.econbiz.de/10013493154
The main goal of this research is to study the impact of uncertainty on export performance, from a resource …-based perspective. Despite the ample research on how economies behave during periods of high uncertainty, there is still a poor … uncertainty. This study’s results show strong incremental performance gains, during this period. It also confirmed the importance …
Persistent link: https://www.econbiz.de/10013500906
other? This paper looks at the basic structural facts, the nature of uncertainty shocks, and the efficiency of policy tools … in the two economies. The key to understanding recent developments is uncertainty. This paper argues that the channel … through which uncertainty influences inflation, wage cost, and unemployment is the markup firms charge to cover their cost of …
Persistent link: https://www.econbiz.de/10014636214
This paper studies the effect of a shock in the hospitality sector, namely the energy price increase, with stated preference methods and performs the subsequent analysis with a mixture of quantitative and qualitative tools. The hospitality sector is very important and is the backbone of the...
Persistent link: https://www.econbiz.de/10014322972
The welfare costs of inflation and inflation uncertainty are well documented in the literature and empirical evidence … inflation and inflation uncertainty in Egypt using monthly time series data during the period January 1974 - April 2015. To …-Montanes-Reyes (1998) unit root tests are used. The inflation-inflation uncertainty relation is modeled by the standard two-step approach …
Persistent link: https://www.econbiz.de/10011379937
loss risk. This study uses geometric Brownian motion (GBM) and Value at Risk (VaR; with the Monte Carlo Simulation approach …) on the daily closing price of JKII from 1 August 2020-13 August 2021 to predict the price and loss risk of JKII at 16 … 2.03%. Then, using VaR with a Monte Carlo Simulation approach, the loss risk prediction for 16 August 2021 (one …
Persistent link: https://www.econbiz.de/10012800645
The present paper has two main objectives: first, to accurately estimate commodity price uncertainty; and second to … analyze the uncertainty connectedness among commodity markets and the macroeconomic uncertainty, using the time-varying vector … commodity price uncertainties are proven to be leading indicators of uncertainty rather than volatility in commodity markets. In …
Persistent link: https://www.econbiz.de/10012548331
This paper aims to identify the main risk groups according to their significance on imports of agricultural products … risk groups, three Multicriteria decision support methods (MCDM)-SAW, TOPSIS and Geometric means-for expert evaluation are … used. The article introduces a new import risks assessment framework CIRA (Country's Imports Risk Assessment) contributing …
Persistent link: https://www.econbiz.de/10012587897
liquidity of financial markets may be influenced by country risk shocks through informational asymmetry, funding constraints … disaggregated country risk components on the liquidity of the South African Exchange-Traded Fund (ETF) market. The sample employed … tracking domestic benchmarks is influenced positively by all country risk components in the long run, although only political …
Persistent link: https://www.econbiz.de/10013255945
This paper studies the theoretical effects of changes in disaster risk on macroeconomic variables in five Latin … American economies. It compares country-specific variants of the New Keynesian model with disaster risk developed by Isoré and … less vulnerable to disaster risk shocks, as compared to Chile and Colombia in particular. Overall, the analysis suggests …
Persistent link: https://www.econbiz.de/10011853521