Narrow search
Showing 1 - 10 of 793
Cover Image
It takes more than a bubble to become Japan
Posen, Adam - 2003
Did monetary ease in the 1980s cause Japan's bubble, as is often suggested? Drawing on both a new cross-national consideration of the monetary policy-asset price linkage and a re-examination of what actually occurred in Japan 1985-1990, I conclude the bubble was just as likely to occur whatever...
Persistent link: https://www.econbiz.de/10009472319
Cover Image
Three essays on monetary policy, the financial market, and economic growth in the U.S. and China
Leatham, David (contributor) - 2006
identification problem inherent in using aggregated data that leads to failure in isolating demand shock from supply shock is …
Persistent link: https://www.econbiz.de/10009465192
Cover Image
The Regulation of Stock Trading and its Enforcement in China
Shen, Tingting - 2004
The first public share issue in the PRC took place in 1994. By the early 21st century, in the space of less than two decades, the Chinese stock market has become the largest one in Asia, with the exception of Japan. Along with this rapid enlargement of the market, the Chinese stock trading...
Persistent link: https://www.econbiz.de/10009471788
Cover Image
Globalization: The Relationship between Iran and India stock market
Niavand, Hossein; Haghighat Nia, Farzaneh - 2017
This examination paper is composed about the goal of discovering the potential for expansion in Iran and Indian Stock Markets by considering relationships in the file returns. The auxiliary goal of the exploration is to quantify and investigation aggravated development of Iranian Stock Market...
Persistent link: https://www.econbiz.de/10011716408
Cover Image
Dynamic effects of persistent shocks
Alloza, Mario; Gonzalo, Jesús; Sanz, Carlos
particular, standard local projections identify responses that include an effect due to the persistence of the shock, while … projections and moving average representations. In particular, the inclusion of leads of the shock in local projections allows to … proyecciones locales estándar identifi can respuestas que incluyen un efecto debido a la persistencia del shock, mientras que las …
Persistent link: https://www.econbiz.de/10012523677
Cover Image
Essays on monetary policy and international trade
Jansen, Dennis W. (contributor) - 2008
The dissertation consists of three essays. Chapter II examines the asymmetriceffects of monetary policy on stock prices by using an unobserved components modelwith Markov-switching. My results show that monetary policy has negative effects onstock prices, which is consistent with the most recent...
Persistent link: https://www.econbiz.de/10009464922
Cover Image
Reaction of Stock Market to Monetary Policy Surprises
Wiranto, Wellian - 2008
This paper provides an empirical analysis of stock market reactions to monetary policy surprises. Its principal objective is to understand the heterogeneous nature of this type of response by examining a set of possible explanatory factors. I find that a hypothetical unanticipated increase of 25...
Persistent link: https://www.econbiz.de/10009466278
Cover Image
Essays on speculative bubbles in financial markets
Mungule, Oswald Kombe - 2012
The first essay formulates a dynamic rational contagion model in order toanalyse the evolution of speculative bubbles. The model consists of two laws ofmotion: the speculative bubble and the probability of the bubble. The rst essayshows that the model has two stable equilibria and one unstable...
Persistent link: https://www.econbiz.de/10009481284
Cover Image
Has the Fed responded to house and stock prices? : a time-varying analysis
Aastveit, Knut Are; Furlanetto, Francesco; Loria, Francesca
En este trabajo utilizamos un modelo VAR estructural con parámetros variables en el tiempo y volatilidad estocástica para investigar si la Reserva Federal ha respondido sistemáticamente a los precios de los activos y si esta respuesta ha cambiado con el tiempo. Para recuperar el componente...
Persistent link: https://www.econbiz.de/10012530552
Cover Image
Monetary policy, stock market and sectoral comovement
Guérin, Pierre; Leiva León, Danilo - 2017
En este artículo se evalúa el papel que desempeña el movimiento conjunto sectorial en la propagación de choques de política monetaria hacia el mercado de valores. En particular, se propone un modelo de vectores autorregresivos aumentado con factores, el cual permite cambios heterogéneos de...
Persistent link: https://www.econbiz.de/10012530569