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This paper employs a statistical approach to identify which sectors of the US economy are currently the most suitable indicators for monitoring the recovery. A comprehensive list of potential leading indicators is constructed through the application of economic theory. By applying a detailed...
Persistent link: https://www.econbiz.de/10010670221
the volatility of US stock market during the subprime crisis is significantly transmitted to Asian and European financial … markets. Moreover, UK and Swiss financial markets present an important role in emitting volatility to Asian markets. In …. All residuals showed enhanced volatility during the financial crisis period of mid 2007-2008. Moreover, the cross …
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The overarching aim of the present paper is to investigate the pattern of returns and volatility in the US and the UK …
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market to New York, Pairs and Frankfurt stock markets. Within the European stock markets, there are unidirectional volatility … spillover effects from Frankfurt to Paris and from Paris to London. Volatility increases induced by bad news are transmitted … more strongly than volatility declines. …
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This paper examines the empirical relationship between trade and total factor productivity (TFP) in South Africa. It uses (i) a time series approach where trade is defined in terms of aggregate outcomes, i.e., as the share of imports plus exports in GDP, and (ii) a cross sectional approach,...
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