Showing 1 - 10 of 39
unions with creditor countries, or being highly integrated through financial and trade linkages with a ‘core’ country …
Persistent link: https://www.econbiz.de/10009640769
The long-run determinants of euro area FDI to the United States during the period 1980-2001 are explained by employing … found to influence euro area FDI to the United States. Moreover, the inclusion of the Tobin's Q enhances the traditional …), and the real exchange rate are statistically significant determinants of euro area FDI to the United States. …
Persistent link: https://www.econbiz.de/10009636552
comovement, but this may partly reflect the effects of trade relations. Moreover, more intensive FDI links are also associated …This paper investigates the relationship between bilateral FDI positions and cross-country business cycle correlations … in the period 1982–2001. We find that countries that have comparatively intensive FDI relations also have more …
Persistent link: https://www.econbiz.de/10009639461
Persistent link: https://www.econbiz.de/10009639915
Persistent link: https://www.econbiz.de/10009639922
Persistent link: https://www.econbiz.de/10009639923
The causes of the 2008 collapse and subsequent surge in global capital flows remain an open and highly controversial issue. Employing a factor model coupled with a dataset of high-frequency portfolio capital flows to 50 economies, the paper finds that common shocks – key crisis events as well...
Persistent link: https://www.econbiz.de/10009640914
Persistent link: https://www.econbiz.de/10011791245
This study analyzes international monetary policy cooperation in a twocountry dynamic general equilibrium model with nominal rigidities, monopolistic competition and producer currency pricing. A quadratic approximation to the utility of the consumers is derived and assumed as the policy...
Persistent link: https://www.econbiz.de/10009635898
To measure contagion empirically, we propose using a Bayesian time-varying coefficient model estimated with Markov ChainMonte Carlo methods. The proposed measure works in the joint presence of heteroskedasticity and omitted variables and does not require knowledge of the timing of the crisis. It...
Persistent link: https://www.econbiz.de/10009635914