Showing 1 - 10 of 6,665
Persistent link: https://www.econbiz.de/10008796749
Persistent link: https://www.econbiz.de/10009720797
Persistent link: https://www.econbiz.de/10010359654
Persistent link: https://www.econbiz.de/10009238083
It is found that over 1999:1-2012:12 China's monetary expansion influences Japan through the effect of China's growth … associated with significant increases in Japan's industrial production, exports and inflation, and decreases in the trade …-weighted yen. In contrast, U.S. monetary expansion results in contraction in Japan's industrial production, exports and trade …
Persistent link: https://www.econbiz.de/10013059432
It is well-known that the high synchronization of the business cycles among industrial countries cannot easily be replicated in standard open economy macroeconomic models without assuming that the exogenous shocks hitting these countries are highly correlated. We develop a two-country behavioral...
Persistent link: https://www.econbiz.de/10011444133
Persistent link: https://www.econbiz.de/10011698831
We identify an inflationary technology news shock as the leading source of business cycle variations for the postwar U.S. economy. This shock acts like a demand shock: it induces strong positive comovement in real quantities - GDP, consumption, investment - and weak positive comovement between...
Persistent link: https://www.econbiz.de/10011930326
Persistent link: https://www.econbiz.de/10011711208
Persistent link: https://www.econbiz.de/10012176207