Narrow search
Showing 1 - 10 of 17,920
Cover Image
Unconventional monetary policy, leverage & default dynamics
Palombo, Edoardo - 2020
The objective of this paper to investigate the effectiveness of credit easing policy in mitigating the economic fallout from a financial recession using a model that can account for the observed default and leverage dynamics during the financial crisis of 2007. A general equilibrium model is...
Persistent link: https://www.econbiz.de/10012243296
Cover Image
The changing macroeconomic response to stock market volatility shocks
Beetsma, Roel; Giuliodori, Massimo - 2011 - This version: 14 November 2011
activity. However, using U.S. data since 1950 we show that the macroeconomic response pattern to stock market volatility shocks … decomposition for consumption growth shows that the contribution of stock market volatility becomes negligible as we go from earlier … of stock market volatility. -- Dow Jones index ; stock market volatility shocks ; economic growth ; consumption …
Persistent link: https://www.econbiz.de/10009380407
Cover Image
The effects of oil price uncertainty on economic activities in South Africa
Chiweza, Junior T.; Aye, Goodness C. - In: Cogent economics & finance 6 (2018) 1, pp. 1-17
Autoregressive (SVAR) methodology is applied incorporating realized volatility as an indicator of oil price uncertainty to …
Persistent link: https://www.econbiz.de/10012023148
Cover Image
Identifying shocks via time-varying volatility
Lewis, Daniel J. - 2018
An n-variable structural vector auto-regression (SVAR) can be identified (up to shock order) from the evolution of the residual covariance across time if the structural shocks exhibit heteroskedasticity (Rigobon (2003), Sentana and Fiorentini (2001)). However, the path of residual covariances is...
Persistent link: https://www.econbiz.de/10011926201
Cover Image
On the time-varying effects of economic policy uncertainty on the US economy
Prüser, Jan; Schlösser, Alexander - 2018
Konjunkturzyklen der USA, nämlich der "Great Inflation", der "Great Moderation" und der "Great Recession", übereinstimmen. Dieses …
Persistent link: https://www.econbiz.de/10011888261
Cover Image
Indeterminacy and learning : an analysis of monetary policy in the great inflation
Lubik, Thomas A.; Matthes, Christian - 2014
Persistent link: https://www.econbiz.de/10010244587
Cover Image
Indeterminacy and learning : an analysis of monetary policy in the great inflation
Lubik, Thomas A.; Matthes, Christian - 2014
Persistent link: https://www.econbiz.de/10010251607
Cover Image
Business cycle accounting for the German fiscal stimulus program during the Great Recession
Fehrle, Daniel; Huber, Johannes - 2020
We take the neoclassical perspective and apply the business cycle accounting method as proposed by Chari, Kehoe, and McGrattan (2007, Econometrica) for the Great Recession and the associated stimulus program in Germany 2008-2009. We include wedges to the variables government consumption,...
Persistent link: https://www.econbiz.de/10012236598
Cover Image
The effect of disaggregate information on the expectation formation of firms
Buchheim, Lukas; Link, Sebastian - 2017
This paper studies a new aspect of firms' expectation formation by asking whether expectations primarily reflect aggregate, industry-wide information (e.g., industry trends) or disaggregate information (e.g., firm-specific information). First, we show that disaggregate information is strongly...
Persistent link: https://www.econbiz.de/10011747947
Cover Image
The effect of disaggregate information on the expectation formation of firms
Buchheim, Lukas; Link, Sebastian - 2017
This paper studies a new aspect of firms' expectation formation by asking whether expectations primarily reflect aggregate, industry-wide information (e.g., industry trends) or disaggregate information (e.g., firm-specific information). First, we show that disaggregate information is strongly...
Persistent link: https://www.econbiz.de/10011761559