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Quantifying Dutch disease effects and asymmetry in economic responses to oil price volatility in Kuwait
Shehabi, Manal - 2020
Persistent link: https://www.econbiz.de/10012314387
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Quantifying Dutch disease effects and asymmetry in economic responses to oil price volatility in Kuwait
Shehabi, Manal - 2020
between equi-proportional terms of trade shocks; yet in the current economic policy environment, this asymmetry is either non …-existent for some economic variables or very limited and is significantly smaller than the asymmetry shown to exist in other … resource-dependent and specialized economies. The potential asymmetry is mitigated by idiosyncratic adjustment mechanisms …
Persistent link: https://www.econbiz.de/10012663570
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Testing for business cycle asymmetries based on autoregressions with a Markov-switching intercept
Knüppel, Malte - 2004
In this paper, we investigate the implications of the two concepts of asymmetry defined by Sichel (1993) - deepness and …
Persistent link: https://www.econbiz.de/10010295668
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The stock return-inflation puzzle and the asymmetric causality in stock returns, inflation and real activity
Kim, Jeong-Ryeol - 2003
In this paper, we use a modified concept of Granger-(non)causality in reconsidering the negative correlation between stock returns and inflation known in the literature as stock return-inflation puzzle. Based on the quarterly data for Germany including stock returns, inflation rates and growth...
Persistent link: https://www.econbiz.de/10010295749
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Can capacity constraints explain asymmetries
Knüppel, Malte - 2008
In this paper, we investigate the ability of a modified RBC model to reproduce asymmetries observed for macroeconomic variables over the business cycle. In order to replicate the empirical skewness of major U.S. macroeconomic variables, we introduce a capacity constraint into an otherwise...
Persistent link: https://www.econbiz.de/10010295873
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(S,s) pricing: Does the heterogeneity wipe out the asymmetry on micro level?
Babutsidze, Zakaria - 2010
This paper presents a model of asymmetric (S,s) pricing. We investigate whether the asymmetry on micro level is carried … conclude that the first type of asymmetry can be attributed to the differences in adjustment bands and that heterogeneity … softens this effect. The second type of asymmetry is the result of pricing behavior, thus of agent heterogeneity itself. …
Persistent link: https://www.econbiz.de/10010300701
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Forging a Global Environmental Agreement through Trade Sanctions on Free Riders?
Eichner, Thomas; Pethig, Rüdiger - 2015
on the degree of asymmetry and other parameters. On some subset of parameters, the embargo stabilizes the otherwise …
Persistent link: https://www.econbiz.de/10011307070
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Rockets and feathers meet Joseph: Reinvestigating the oil-gasoline asymmetry on the international markets
Kristoufek, Ladislav; Lunackova, Petra - 2015
troublesome and we introduce two new tests to investigate possible asymmetry in the price adjustment to equilibrium under these … asymmetry. The proposed methodology is not limited to the gasoline and crude oil case but it can be utilized for any asymmetric …
Persistent link: https://www.econbiz.de/10011340635
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Strategic disclosure of demand information by duopolists: Theory and experiment
Jansen, Jos; Pollak, Andreas - 2015
We study the strategic disclosure of demand information and product-market strategies of duopolists. In a setting where both firms receive information with some probability, we show that firms selectively disclose information in equilibrium in order to influence their competitor´s...
Persistent link: https://www.econbiz.de/10011348185
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Symmetric and asymmetric effects of proximities. The case of M&A deals in Italy
Marrocu, Emanuela; Boschma, Ron; Paci, Raffaele - 2014
It is widely recognized that most economic activities show a tendency to agglomerate in space and, therefore, economic interactions among firms are likely to be influenced by their geographical proximity. Recently, the literature (Boschma, 2005) has remarked that other dimensions of proximity...
Persistent link: https://www.econbiz.de/10011399923