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This paper analyses the long-memory properties of US and European stock indices, as well as their linkages, using fractional integration and fractional cointegration techniques. These methods are more general and have higher power than the standard ones usually employed in the literature. The...
Persistent link: https://www.econbiz.de/10011334455
This paper analyses the long-memory properties of US and European stock indices, as well as their linkages, using fractional integration and fractional cointegration techniques. These methods are more general and have higher power than the standard ones usually employed in the literature. The...
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sectoral World Input Output Database (WIOD) to predict the impact of Brexit for every individual EU country by aggregating up … the country-sector effects. In contrast to other studies, we find EU-27 job losses to be substantially higher than … hitherto believed as a result of the closely integrated EU network structure. Upstream country-sectors stand to lose more from …
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”) in terms of value added production and employment for every individual EU country involved. We find that Brexit hits the … UK relatively harder than the EU-27. In contrast to other studies, we find EU-27 losses from Brexit to be substantially …
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