Showing 1 - 10 of 6,504
This paper presents a model yielding testable implications concerning the long-run co-movements of real exchange rates, relative productivity, the trade balance and terms of trade. Countries with higher productivity, trade deficits or improved terms of trade are found to have more appreciated...
Persistent link: https://www.econbiz.de/10011587580
We apply Diebold-Yilmaz spillover index methodology to monthly industrial production indices to study business cycle … interdependence among G-6 industrialized countries since 1958. The business cycle spillover index fluctuates substantially over time … the current state of the world economy: In a matter of four months from September to December 2008, the business cycle …
Persistent link: https://www.econbiz.de/10010277269
This paper presents a model yielding testable implications concerning the long-run co-movements of real exchange rates, relative productivity, the trade balance and terms of trade. Countries with higher productivity, trade deficits or improved terms of trade are found to have more appreciated...
Persistent link: https://www.econbiz.de/10010321757
Persistent link: https://www.econbiz.de/10012665242
Persistent link: https://www.econbiz.de/10003785006
Understanding the dynamics of the leverage ratio is at the heart of the empirical research about firms' capital structure, as they can be very different under alternative theoretical models. The pillars of almost all empirical applications are the maintained assumptions of poolability and...
Persistent link: https://www.econbiz.de/10011715923
Persistent link: https://www.econbiz.de/10011809410
This paper uses fractional integration and cointegration methods to analyse the determinants of the amount of loans …
Persistent link: https://www.econbiz.de/10012310523
corporations. -- Bank credit ; euro area ; non-financial corporations ; cointegration ; error-correction model …
Persistent link: https://www.econbiz.de/10003826460
Persistent link: https://www.econbiz.de/10009687369