Showing 1 - 10 of 45
Persistent link: https://www.econbiz.de/10001683301
This paper analyses the effects of containment measures and monetary and fiscal responses on US financial markets during the Covid-19 pandemic. More specifically, it applies fractional integration methods to analyse their impact on the daily S&P500, the US Treasury Bond Index (USTB), the S&P...
Persistent link: https://www.econbiz.de/10012584220
We study the impacts of the 2009 monetary stimulus and its interaction with infrastructure spending on credit allocation. We develop a two-stage estimation approach and apply it to China's loanlevel data that covers all sectors in the economy. We find that except for the manufacturing sector,...
Persistent link: https://www.econbiz.de/10012265180
Persistent link: https://www.econbiz.de/10000974315
Persistent link: https://www.econbiz.de/10001635328
Persistent link: https://www.econbiz.de/10000983349
Persistent link: https://www.econbiz.de/10001410009
This paper examines the Taylor rule in five emerging economies, namely Indonesia, Israel, South Korea, Thailand, and Turkey. In particular, it investigates whether monetary policy in these countries can be more accurately described by (i) an augmented rule including the exchange rate, as well as...
Persistent link: https://www.econbiz.de/10011486466
This paper examines the Taylor rule in five emerging economies, namely Indonesia, Israel, South Korea, Thailand, and Turkey. In particular, it investigates whether monetary policy in these countries can be more accurately described by (i) an augmented rule including the exchange rate, as well as...
Persistent link: https://www.econbiz.de/10011497748
the US, the Eurozone, Australia, Canada, Japan and the UK using fractional integration and cointegration techniques … estimated to be above 1, ranging from 1.26 (US) to 1.48 (UK), with the single exception of Japan, for which the unit root null …
Persistent link: https://www.econbiz.de/10011619595