Similar Search Results

Shin, Joong Suk - 2000

Persistent link: https://www.econbiz.de/10001608968

Firm expectations and news : micro v macro

Born, Benjamin; Enders, Zeno; Menkhoff, Manuel; … - 2023

Using firm-level data, we study how firm expectations adjust to news while accounting for a) the heterogeneity of news and b) the heterogeneity of firms. We classify news as either micro or macro, that is, information about firm-specific developments or information about the aggregate economy....

Persistent link: https://www.econbiz.de/10014310407

Stock prices and economic fluctuations : a Markov switching structural vector autoregressive analysis

Lanne, Markku (contributor); Lütkepohl, Helmut (contributor) - 2008

Persistent link: https://www.econbiz.de/10003787630

News-driven business cycles in SVARs

Bunk, Patrick - 2011

Recent studies proposed news about future technology growth as the main driver of macroeconomic fluctuations. The identification of these news through stock prices in SVARs has been criticized in the past. Therefore, I propose a series of experiments to test that hypothesis by examining its...

Persistent link: https://www.econbiz.de/10009229732

Uncertainty shocks, asset supply and pricing over the business cycle

Bianchi, Francesco; Ilut, Cosmin; Schneider, Martin - 2014

Persistent link: https://www.econbiz.de/10010360032

Stock prices and economic fluctuations : a Markov switching structural vector autoregressive analysis

Lanne, Markku (contributor); Lütkepohl, Helmut (contributor) - 2008

The role of expectations for economic fluctuations has received considerable attention in recent business cycle analysis. We exploit Markov regime switching models to identify shocks in cointegrated structural vector autoregressions and investigate different identification schemes for bi-variate...

Persistent link: https://www.econbiz.de/10003751230

Stock Prices, News, and Economic Fluctuations : Comment

Kurmann, André - 2013

Beaudry and Portier (American Economoc Review, 2006) propose an identification scheme to study the effects of news shocks about future productivity in Vector Error Correction Models (VECM). This comment shows that their methodology does not have a unique solution, when applied to their VECMs...

Persistent link: https://www.econbiz.de/10013083901

Uncertainty Shocks, Asset Supply and Pricing Over the Business Cycle

Bianchi, Francesco - 2014

This paper estimates a business cycle model with endogenous financial asset supply and ambiguity averse investors. Firms' shareholders choose not only production and investment, but also capital structure and payout policy subject to financial frictions. An increase in uncertainty about profits...

Persistent link: https://www.econbiz.de/10013054525

U.S. uncertainty and Asian stock prices : evidence from the asymmetric NARDL model

Liang, Chin Chia; Troy, Carol; Rouyer, Ellen - In: The North American journal of economics and finance : a … 51 (2020), pp. 1-26

Persistent link: https://www.econbiz.de/10012659104

Stock Prices, News and Economic Fluctuations

Beaudry, Paul - 2004

by a shock that does not affect productivity in the short run -- and therefore does not look like a standard technology … shock -- but affects productivity with substantial delay -- and therefore does not look like a monetary shock. One … structural interpretation we suggest for this shock is that it represents news about future technological opportunities which is …

Persistent link: https://www.econbiz.de/10012468145

1
2
3
4
5
6
7
8
9
10
Next
Last