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Demand deficiency and inflation in the G7 countries
Başçı, Erdem; Başçı, Sıdıka - In: International econometric review 13 (2021) 3, pp. 59-70
In this paper, we analyze the relationship between nominal and real GDP growth for G7 countries for the period 1971 - 2018. A visual inspection of the data indicates the presence of a threshold, above which the structure of the relationship between nominal and real GDP growth rates changes from...
Persistent link: https://www.econbiz.de/10012816136
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Bottom-up or direct? forecasting German GDP in a data-rich environment
Heinisch, Katja; Scheufele, Rolf - 2013
respective publication delay. In a simulated out-ofsample experiment we evaluate the different modelling strategies conditional … ; nowcasting ; leading indicators ; MIDAS ; forecast combination ; forecast evaluation … Veröffentlichungstermine. In einem simulierten Out-of-Sample-Experiment werden die verschiedenen Modellierungsstrategien bei unterschiedlichem …
Persistent link: https://www.econbiz.de/10009735835
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Economic policy uncertainty : persistence and cross-country linkages
Abakah, Emmanuel Joel Aikins; Caporale, Guglielmo Maria; … - 2020
This paper provides new evidence on the stochastic behaviour of the EPU (Economic Policy Uncertainty (EPU) index constructed by Baker et al. (2016) in six of the biggest economies (Canada, France, Japan, US, Ireland, and Sweden) over the period from January 1985 to October 2019. In particular,...
Persistent link: https://www.econbiz.de/10012219127
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Macroeconomic Impact of Remittances on Output Growth : Evidence from Turkey
Tansel, Aysit - 2011
This study estimates a Keynesian simultaneous, dynamic macroeconometric model to investigate the impact of remittances on key macro variables such as consumption, investment, imports and income in Turkey. The estimated impact and dynamic multipliers indicate that impact of remittances on...
Persistent link: https://www.econbiz.de/10013132257
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Macroeconomic Impact of Remittances on Output Growth : Evidence from Turkey
Tansel, Aysit - 2010
This study estimates a Keynesian simultaneous, dynamic macroeconometric model to investigate the impact of remittances on key macro variables such as consumption, investment, imports and income in Turkey. The estimated impact and dynamic multipliers indicate that impact of remittances on...
Persistent link: https://www.econbiz.de/10013134982
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Foreign Aid, Terrorism and Growth : Conditional Evidence from Quantile Regression
Asongu, Simplice - 2019
In this study, we investigate the role of development assistance in reducing a hypothetically negative impact of terrorism on economic growth, using a panel of 78 developing nations with data for the period 1984-2008. The empirical evidence is based on interactive Quantile regressions. Domestic,...
Persistent link: https://www.econbiz.de/10012897568
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Monetary Policy and Macroeconomic Stability Revisited
Hirose, Yasuo - 2019
A large literature has established that the Fed's change from a passive to an active policy response to inflation led to U.S. macroeconomic stability after the Great Inflation of the 1970s. This paper revisits the literature's view by estimating a generalized New Keynesian model using a...
Persistent link: https://www.econbiz.de/10012866549
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Foreclosures, House Prices Growth, and Refinancing in the COVID-19 Period
Capponi, Agostino - 2020
In response to the COVID-19 pandemic, Congress introduced foreclosure moratorium. We show that this moratorium stabilizes the housing market, lowers the Loan-to-value ratio (LTV) of households, reduces their refinancing costs, and increases equity extraction. We estimate that the moratorium...
Persistent link: https://www.econbiz.de/10012832211
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Trade and FDI thresholds of CO2 emissions for a green economy in Sub-Saharan Africa
Asongu, Simplice; Odhiambo, Nicholas M. - 2020
This research focuses on assessing how improving openness influences CO2 emissions in Sub-Saharan Africa. It is based on 49 countries in SSA for the period 2000-2018 divided into: (i) 44 countries in SSA for the period 2000-2012; and (ii) 49 countries for the period 2006- 2018. Openness is measured...
Persistent link: https://www.econbiz.de/10012301751
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Foreign aid, terrorism and growth : conditional evidence from quantile regression
Asongu, Simplice; Nwachukwu, Jacinta C.; Biekpe, Nicholas - 2018
In this study, we investigate the role of development assistance in reducing a hypothetically negative impact of terrorism on economic growth, using a panel of 78 developing nations with data for the period 1984-2008. The empirical evidence is based on interactive Quantile regressions. Domestic,...
Persistent link: https://www.econbiz.de/10011998255