Narrow search
Showing 1 - 10 of 8,701
Cover Image
Hysteresis and business cycles
Cerra, Valerie; Fatás, Antonio; Saxena, Sweta Chaman - 2020
levels on its history of shocks, what economists refer to as 'hysteresis,' argues for unifying the analysis of growth and … renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery …
Persistent link: https://www.econbiz.de/10012251398
Cover Image
Will hysteresis effects afflict the US economy during the post-COVID-19 recovery?
Setterfield, Mark - In: Review of Keynesian economics 11 (2023) 4, pp. 507-528
Persistent link: https://www.econbiz.de/10014443079
Cover Image
On recessive and expansionary impact of financial development : empirical evidence
Nguena, Christian Lambert; Kodila-Tedika, Oasis - 2020
This paper mainly examines the effect of financial development on the recession, while controlling for potential recession factors. Using panel data of 129 countries spanning 1990-2010, we implemented "Locally Weighted Scatterplot Smoothing", "Local Linear" and "Iteratively Reweighted Least...
Persistent link: https://www.econbiz.de/10012221855
Cover Image
On recessive and expansionary impact of financial development : empirical evidence
Nguena, Christian Lambert; Kodila-Tedika, Oasis - In: European journal of comparative economics 20 (2023) 1, pp. 97-130
We investigate the effects of financial development on recession while controlling for potential recession factors using data of about 129 countries covering the 1990-2010 period. To the best of our knowledge, this is the first study examining this relationship using a plural and innovative...
Persistent link: https://www.econbiz.de/10014318636
Cover Image
Hysteresis and fiscal stimulus in a recession
Tervala, Juha; Watson, Timothy - In: Journal of international money and finance 124 (2022), pp. 1-20
Persistent link: https://www.econbiz.de/10013435249
Cover Image
Will Hysteresis Effects Afflict the US Economy During the Post-COVID Recovery?
Setterfield, Mark - 2023
An important property of hysteresis is that temporary events of sufficient magnitude can have permanent effects. The … permanent effects on the US economy as a result of hysteresis. We investigate this hypothesis by focusing on aggregate activity … -- both actual and potential -- and searching for signs of possible adverse hysteresis effects in the data generated by the …
Persistent link: https://www.econbiz.de/10014353791
Cover Image
Great recession, slow recovery and muted fiscal policies in the US
Albonico, Alice; Tirelli, Patrizio; Paccagnini, Alessia - 2016
This paper reconsiders the role of macroeconomic shocks and policies in determining the Great Recession and the subsequent recovery in the US. The Great Recession was mainly caused by a large demand shock and by the ZLB on the interest rate policy. In contrast with previous findings, the...
Persistent link: https://www.econbiz.de/10011434680
Cover Image
Impact of global recession on financial markets
Loudon, Geoffrey F. (contributor) - 2010
Persistent link: https://www.econbiz.de/10009425231
Cover Image
Great Recession, slow recovery and muted fiscal policies in the US
Albonico, Alice; Paccagnini, Alessia; Tirelli, Patrizio - In: Journal of economic dynamics & control 81 (2017), pp. 140-161
Persistent link: https://www.econbiz.de/10011911929
Cover Image
Market reactions to U.S. financial indices : a comparison of the GFC versus the COVID-19 pandemic crisis
Agatón Lombera, Dante Iván; Cardoso López, Diego Andrés - In: Economies : open access journal 12 (2024) 7, pp. 1-22
This study delves into the impacts of the 2008 global financial crisis (GFC) and the COVID-19 health crisis on U.S. financial indices, exploring the intricate relationship between economic shocks and these indices during downturns. Using Markov switching regression models and control variables,...
Persistent link: https://www.econbiz.de/10014636196