Showing 1 - 10 of 308
sustainability approach á la Lane and Milesi-Ferretti (LM) versus the structural current accounts literature (SCA) based on panel … a medium term horizon. -- Current account ; capital flows ; financial integration ; central and eastern Europe ; panel …
Persistent link: https://www.econbiz.de/10003826590
, using recent bootstrap panel cointegration techniques and SUR methods. We investigate the magnitude of the relationship … panel cointegration tests used allow for within and between correlation, while the SUR results show both positive and …
Persistent link: https://www.econbiz.de/10003803327
financial (or output) gaps within EU countries. We apply panel techniques, including a Bayesian panel VAR, to 27 EU members over …
Persistent link: https://www.econbiz.de/10011637376
We investigate the factors driving current account and monetary policy developments in the euro area. We estimate an open-economy structural vector autoregression (VAR) model with zero and sign restrictions derived from a multi-country dynamic stochastic general equilibrium (DSGE) model to...
Persistent link: https://www.econbiz.de/10013329445
Persistent link: https://www.econbiz.de/10002124872
Currently the U.S. is experiencing record budget and current account deficits, a phenomenon familiar from the "Twin Deficits" discussion of the 1980s. In contrast, during the 1990s productivity growth has been identified as the primary cause of the US current account deficit. We suggest a...
Persistent link: https://www.econbiz.de/10003057138
Panel Probit model over the period 1980-2007. It finds that 1) most recent housing booms have been very persistent and of a …
Persistent link: https://www.econbiz.de/10003867077
productivity shocks and (ii) a mildly counter-cyclical behaviour with fiscal spending shocks. We also use a Panel Vector Auto …-up ; VAR ; Panel VAR …
Persistent link: https://www.econbiz.de/10003972660
mitigate economic downturns in the short run and whether such impact differs in crisis and non crisis times. We use panel … ; panel analysis …
Persistent link: https://www.econbiz.de/10003983667
several possible extensions on panel data from 22 OECD countries over 40 years of data. I also evaluate whether the key … curve ; New Keynesian model ; panel data ; Instrumental variables …
Persistent link: https://www.econbiz.de/10008657132