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United States and the eurozone. Of these five hypotheses, four are not supported by the data, while the fifth appears …
Persistent link: https://www.econbiz.de/10014619313
on inflation by examining the partially dollarized economy of Eritrea. Design/methodology/approach – Inflation under … results indicate that inflation increases as a result of an increase in dollarization. This applies to both the short-run and … of the short-run dynamics involved in the long-run relationship between dollarization and inflation, the speed of …
Persistent link: https://www.econbiz.de/10014864630
Purpose – This study aims to statistically investigate the place of the eurozone countries in the framework of the … eventual discrepancies in the performing of the eurozone from the most advanced non‐eurozone countries by the weaknesses of … some eurozone members. The discriminant analysis as an investigation tool has been chosen as an as unbiased as possible …
Persistent link: https://www.econbiz.de/10014863359
Zusammenfassung Dieser Beitrag liefert einen Uberblick über die Bedeutung asymmetrischer makroökonomischer Strukturen in den EWU Mitgliedsländern für die einheitliche Geldpolitik. Zunächst wird im Rahmen eines Modells illustriert, welche grundsätzliche Bedeutung asymmetrischen...
Persistent link: https://www.econbiz.de/10014608865
Abstract This paper analyzes the relationship between stock prices, house prices and consumption using data for 16 OECD countries. The panel data analysis suggests that the long-run responsiveness of consumption to permanent changes in stock prices is higher for countries with a market-based...
Persistent link: https://www.econbiz.de/10014588356
Purpose The purpose of this study is to examine the linkages between Australian house prices and stock prices under the Toda and Yamamoto test framework. Specifically, it investigated whether there is a capital switching effect between house prices and stock prices. Design/methodology/approach...
Persistent link: https://www.econbiz.de/10014778018
Purpose – The paper seeks to assess the impact of brand acquisition announcement on the wealth of the acquiring company's shareholders in India. Furthermore, announcement returns have been assessed and compared across FMCG versus pharmaceutical brand acquisitions and domestic versus cross...
Persistent link: https://www.econbiz.de/10014896308
Purpose – The wealth effect of accelerated stock repurchase (ASR) documented by previous studies is not as large as the authors would have expected. The authors believe that there are potentially important sampling problems in the previous studies, which make the results less reliable....
Persistent link: https://www.econbiz.de/10014941570
Abstract We compare the empirical performance of a capital certain monetary services index and an index that is extended to contain assets with substantial interest rate risk, such as unit trusts, within a cointegration money demand framework for the UK. Technological changes and innovations...
Persistent link: https://www.econbiz.de/10014588363
Summary The economic works of Johann Heinrich von Thuenen include 1,000 unpublished pages of drafts and notes on the basis of which he prepared the second volume of his famous “Isolated State in Relation to Agriculture and Political Economy”. It’s bulk was not made accessible until today....
Persistent link: https://www.econbiz.de/10014609477