Showing 1 - 10 of 533
einer Dominanz der Geldpolitik als Angebotsschock erklärt werden. Zu einem großen Teil bleibt die identifizierte …
Persistent link: https://www.econbiz.de/10009433722
realwirtschaftlich wirksamen, langfristig jedoch neutralen Geldpolitik inzwischen nahezu selbstverständlich akzeptiert zu sein …
Persistent link: https://www.econbiz.de/10009451189
the estimation period. Finally, we contrast the impact of structural break non-constancies with non-constancies due to non …
Persistent link: https://www.econbiz.de/10009441390
determining the relationship among markets remains unclear. The cointegration framework, OLS and principal component regressions … are applied in order to investigate the influence of geographical distance on the cointegration relationship between … relation between distance and the elasticity of cointegration. Moreover, the region in which the market is located and a better …
Persistent link: https://www.econbiz.de/10009443372
determining the relationship among markets remains unclear. The cointegration framework, OLS and principal component regressions … are applied in order to investigate the influence of geographical distance on the cointegration relationship between … relation between distance and the elasticity of cointegration. Moreover, the region in which the market is located and a better …
Persistent link: https://www.econbiz.de/10009446334
This paper investigates the existence of cointegration and causality between the stock market price indices of Thailand … obtained from these two residual-based cointegration tests, potential long-run benefits exist from diversifying the investment …
Persistent link: https://www.econbiz.de/10009457622
This study investigates the state, development and drivers of banking market integration in the member countries of the Southern African Development Community (SADC). A Principal Component Analysis (PCA) of national retail interest rates indicates increasing integration in loan and deposit...
Persistent link: https://www.econbiz.de/10009480502
While much attention has focused on the modelling of the interdependencies between key aggregates and stock indices in industrialised countries, this thesis is focused on investments in emerging markets and real estate – two research branches that have up to now not been investigated to a...
Persistent link: https://www.econbiz.de/10009450173
The pass-through of market interest rates to the financial conditions of households and firms represents an essential element in the monetary policy transmission mechanism. In this document, we analyze how this transmission is developing in the current hiking cycle in the euro area and in Spain,...
Persistent link: https://www.econbiz.de/10014377351
The pass-through of market interest rates to the financial conditions of households and firms is an essential element in the monetary policy transmission mechanism. In this paper, we analyse how this transmission is playing out in the current hiking cycle in the euro area and in Spain, as...
Persistent link: https://www.econbiz.de/10014377366