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We estimate the response of Asian stock market prices to exogenous monetary policy shocks using a vector error correction model. In our paper, monetary policy transmits to stock market price through three routes: money by itself, exchange rate, and inflation. Our result points to the fact that...
Persistent link: https://www.econbiz.de/10010400823
, vector autoregression, was used including causality analysis, and Gregory-Hansen cointegration, for estimating a long … effect of Gregory-Hansen co-integration affirmed a long-run nexus in agricultural growth positively with industrial and …
Persistent link: https://www.econbiz.de/10011637982
potentially increase the likelihood of having more children. By doing a cointegration analysis of housing, income, and fertility …
Persistent link: https://www.econbiz.de/10012493891
This study examines the linkages between energy price and food prices over the period 2000-2016 by using a Panel-VAR model in the case of eight Asian economies, namely Bangladesh, the PRC, Indonesia, India, Japan, Sri Lanka, Thailand, and Viet Nam. Our results confirm that energy price (oil...
Persistent link: https://www.econbiz.de/10011811900
the effects of remittances on economic growth. The bound test approach of cointegration and the error correction model …
Persistent link: https://www.econbiz.de/10015070431
Free trade agreements (FTAs) have proliferated in East Asia in recent years. As of December 2008, eight bilateral FTAs … pressing issue for Japanese firms because Japanese firms have expanded overseas, particularly into the rest of Asia, which has … contributed to the formation of production networks in East Asia. There have been numerous ex ante studies on the impacts of FTAs …
Persistent link: https://www.econbiz.de/10003901391
Although a latecomer, economically important Asia has emerged at the forefront of global free trade agreement (FTA …. Political economy considerations suggest that a likely scenario is for FTA consolidation in Asia to be followed by connections …
Persistent link: https://www.econbiz.de/10003901392
poverty reduction - in Asia. In exploring this relationship, this study goes beyond defining poverty by the income or … evidence that manufacturing growth has had a bearing on the inclusiveness of growth, especially in Southeast Asia in recent …
Persistent link: https://www.econbiz.de/10003901395
I analyze the risks in the banking systems in East Asia using the standard supervisory framework, which assesses … tests indicate that the largest banking systems in East Asia have a total of almost US$1.2 trillion in Tier 1 capital and a …
Persistent link: https://www.econbiz.de/10003901398
With the global economy still in recession, two important questions arise for Asia: how soon will the recession end … Asia in order to shed light on these issues. Several important stylized facts emerge from this study: (i) recessions … norm, suggesting that the current recession could have been even costlier and more drawn out had Asia's banks not entered …
Persistent link: https://www.econbiz.de/10003901423