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A comprehensive view on the manifestations of aggregate demand and aggregate supply shocks in Greece, Ireland, Italy and Portugal

Jianu, Ionuț - In: Theoretical and Applied Economics XXIII (2016) 2 (607), pp. 207-224

The main goal of the paper is to extract the aggregate demand and aggregate supply shocks in Greece, Ireland, Italy and Portugal, as well as to examine the correlation among the two types of shocks. The decomposition of the shocks was achieved by using a structural vector autoregression that...

Persistent link: https://www.econbiz.de/10011985584

Labour mobility as an adjustment mechanism to asymmetric shocks in Europe: evidence from the Czech Republic, Hungary, Poland and Slovakia

Nchor, Dennis - In: Journal for Labour Market Research 54 (2020) 1, pp. 1-19

This paper assesses the nature and correlation of shocks in Visegrad countries and investigates the role of labour mobility in the process of adjustment to the effects of asymmetric shocks. Structural vector autoregression (SVAR) models are employed to assess the nature and correlation of shocks...

Persistent link: https://www.econbiz.de/10012518457

Sources of real exchange rate fluctuations in Egypt

Alabdulwahab, Sami; Abou-Zaid, Ahmed S. - In: Review of Economics and Political Science (REPS) 9 (2024) 1, pp. 40-57

Purpose - This paper aims to empirically investigate the sources of real exchange rate fluctuations in Egypt using structural vector autoregression (SVAR). The data covers the period between 1980 and 2016, where exchange regime has been changed more than once. Design/methodology/approach - This...

Persistent link: https://www.econbiz.de/10015394430

From miracle to mediocrity? Explaining the growth slowdown of the Korean economy

Kangand, Duyong; Park, Sungkeun - In: KDI Journal of Economic Policy 45 (2023) 4, pp. 23-56

To investigate the causes of Korea's growth slowdown over the past thirty years, we estimate the contributions of major … account for approximately 90 percent of the growth slowdown, with demographic factors contributing approximately 30 percent … of Korea's high growth in the 1980s. These results suggest that Korea's growth slowdown is basically a consequence of its …

Persistent link: https://www.econbiz.de/10014467513