Showing 1 - 10 of 934
United States and Japan, respectively. Our estimation framework allows a distinction to be made between spillover effects …
Persistent link: https://www.econbiz.de/10009635881
There has been much discussion of the differences in macroeconomic performance and prospects between the US, Japan and …, Japan and the euro area appear quite distinct. Documenting and comparing such international business-cycle features can aid …
Persistent link: https://www.econbiz.de/10009635889
We test for mean reversion in real exchange rates using a recently developed unit root test for non-normal processes based on quantile autoregression inference in semi-parametric and non-parametric settings. The quantile regression approach allows us to directly capture the impact of different...
Persistent link: https://www.econbiz.de/10003358655
countries, plus the US and Japan. Main findings include a high degree of regulation in wage setting in most countries. Although …
Persistent link: https://www.econbiz.de/10003825968
on the lending markets in the five major EU countries as well as, for comparison, the UK, the US and Japan. Bearing the …
Persistent link: https://www.econbiz.de/10003484173
The paper provides a systematic comparison of the Eurosystem, the US Federal Reserve and the Bank of Japan. These …
Persistent link: https://www.econbiz.de/10003456409
area, Japan, and U.K.) a compression in the long-term yield spread exerts a powerful effect on both output growth and …
Persistent link: https://www.econbiz.de/10008688522
Using annual data from 14 European Union countries, plus Canada, Japan and the United States, we evaluate the …
Persistent link: https://www.econbiz.de/10003747969
The paper analyses whether communication and actual interventions in FX markets are successful in moving exchange rates over the medium- to long-run. It compares empirical evidence based on time-series analysis with that obtained from an eventstudy approach. Both the time-series approach based...
Persistent link: https://www.econbiz.de/10003117214