Showing 1 - 10 of 70
We examine dynamic correlations between housing market returns and economic policy uncertainty in the United States. Our findings suggest that correlations are time-varying and sensitive to economic fundamentals and US recessions.
Persistent link: https://www.econbiz.de/10011186484
In state-of-the-art macroeconomic and labor market models shocks are assumed to be homoscedastic. However, we show that this assumption is much too restrictive. We �find signifi�cant evidence for strong time-varying volatility in all considered labor market time series. First, we estimate...
Persistent link: https://www.econbiz.de/10011259425
We apply cross-spectral methods, dynamic correlation index of comovements and a VAR model to study the cyclical components of GDP and tourism income of Switzerland with annual data for the period 1980 – 2007. We find evidence of 4 dominant cycles for GDP and an average duration between 9 and...
Persistent link: https://www.econbiz.de/10005052198
In this paper we examine the extent of time-varying correlations between stock markets returns and policy uncertainty based on a newly introduced uncertainty index by Baker et al. (2012). We identify several empirical regularities: (1) the dynamic correlations of policy uncertainty and stock...
Persistent link: https://www.econbiz.de/10011107443
This paper is discussing the issue of European cohesion based on a management approach. It describes the positioning of … process of increasing cohesion within the European Union; b) Organizational Management and leadership are paramount to their … European organizations; d) Intercultural teams are one of the most effective ways to reduce the current cohesion-less of EU at …
Persistent link: https://www.econbiz.de/10005790345
reverse this tendency by emphasizing social cohesion and the social and economic value of ethnic diversity. An “ethnic …
Persistent link: https://www.econbiz.de/10008532164
In this chapter our aim is to examine the effects on cohesion of European Union competition and conlpetitiveness … enterprises. To evaluate them, it is necessary to define competitiveness and explore its relation to cohesion. …
Persistent link: https://www.econbiz.de/10008919772
increased the amount of received means from structural and cohesion funds, removed the trading barriers, increases foreign … integration in the EU, but on its basis it is possible to create models of regional cohesion in Europe. …
Persistent link: https://www.econbiz.de/10009367975
examine a cohesion of European Union (plus Norway and Iceland) in terms of an economic development of its members from the 1st …
Persistent link: https://www.econbiz.de/10011260222
) Cohesion, which comprises the following four sub-criteria : i) monetary union, ii) fiscal union and federal budget iii) federal … last, while according to cohesion, the Aetolian ranks first and the EU last, while according to cohesion, the Aetolian and …
Persistent link: https://www.econbiz.de/10011111389