Narrow search
Showing 1 - 10 of 1,572
Cover Image
Endogenous Growth, Monetary Shocks and Nominal Rigidities
Annicchiarico, Barbara; Pelloni, Alessandra; Lorenza, Rossi - Volkswirtschaftliche Fakultät, … - 2010
: (i) monetary volatility negatively affects long-run growth; (ii)the relation between nominal volatility and growth … increases the negative effect of nominal volatility on mean growth. …
Persistent link: https://www.econbiz.de/10008685157
Cover Image
Iceland's Economic and Financial Crisis: Causes, Consequences and Implications
Spruk, Rok - Volkswirtschaftliche Fakultät, … - 2010
Iceland experienced a significant financial meltdown and subsequent economic downturn after the 2008/2009 financial … onwards. Since 1980s, Iceland's macroeconomic stability had been constantly deteriorated by the most volatile annual CPI and … also provides a short-term analysis of Iceland's macroeconomic outlook. The main findings of the article conclude that the …
Persistent link: https://www.econbiz.de/10008919755
Cover Image
The dynamics of the housing market prices and the business cycle: a VAR analysis for the european monetary union.
Cinquegrana, Giuseppe - Volkswirtschaftliche Fakultät, … - 2011
reflect the different information which have been imbedded in the housing market in the long-time. The high volatility of the …
Persistent link: https://www.econbiz.de/10011259684
Cover Image
Predictable markets? A news-driven model of the stock market
Gusev, Maxim; Kroujiline, Dimitri; Govorkov, Boris; … - Volkswirtschaftliche Fakultät, … - 2014
We attempt to explain stock market dynamics in terms of the interaction among three variables: market price, investor opinion and information flow. We propose a framework for such interaction and apply it to build a model of stock market dynamics which we study both empirically and...
Persistent link: https://www.econbiz.de/10011108097
Cover Image
Business Cycle Synchronisation in EU : A Time-Varying Approach
Degiannakis, Stavros Antonios - 2018
This paper investigates the time-varying correlation between the EU12-wide business cycle and the initial EU12 member-countries based on Scalar-BEKK and multivariate Riskmetrics model frameworks for the period 1980-2012. The paper provides evidence that changes in the business cycle...
Persistent link: https://www.econbiz.de/10012910120
Cover Image
The Employment Cycles of Neighboring Cities
Wall, Howard J. - 2011
This paper examines the spatial interaction of neighboring cities over their employment cycles. The cycles of neighboring cities tend to be more similar to one another than are those of non-neighboring cities, although this is due primarily to neighbors' tendency to be in the same state. In...
Persistent link: https://www.econbiz.de/10013126966
Cover Image
Money Growth Has Slowed Sharply—Should Anybody Care?
Tatom, John - Volkswirtschaftliche Fakultät, … - 2006
Milton Friedman, one of greatest economists of all time, died on November 16, 2006 at age 94. He was famous for his conclusion that “inflation is always and everywhere a monetary phenomenon,” and for the related notion that ultimately the only thing a central bank, such as the Federal...
Persistent link: https://www.econbiz.de/10008506906
Cover Image
The yield curve and the prediction on the business cycle: a VAR analysis for the European Union
Cinquegrana, Giuseppe; Sarno, Domenico - Volkswirtschaftliche Fakultät, … - 2010
The literature on the yield curve deals with the capacity to predict the future inflation and the future real growth from the term structure of the interest rates. The aim of the paper is to verify this predictive power of the yield curve for the European Union at 16 countries in the 1995-2008...
Persistent link: https://www.econbiz.de/10008550561
Cover Image
Sectoral and Industrial Business Cycles
Everts, Martin - Volkswirtschaftliche Fakultät, … - 2006
This article calculates the sectoral and industrial business cycles by means of the band-pass filters by Baxter and King (1999) and Christiano and Fitzgerald (2003), to subsequently analyze the correlations between the sectors and industries and the overall economy. It can be shown that the...
Persistent link: https://www.econbiz.de/10005620061
Cover Image
Countercyclical monetary policy in major economies of the Commonwealth of Independent States
Kozmenko, Serhiy; Savchenko, Taras - Volkswirtschaftliche Fakultät, … - 2011
The previous financial crisis caused the ending of an unusually long phase of recovery in the former USSR republics, thus increasing the relevance of developing effective measures, specifically, the countercyclical economic policy. Throughout 1991 to 2010, fourteen completed cycles were...
Persistent link: https://www.econbiz.de/10011112433