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The international tourism industry grew exponentially during the latter part of the 20th and early 21st century due to the advent of cheap air travel and a growing moneyed class. However, it witnessed a calamitous slowdown during the COVID-19 pandemic, when the world came to a standstill and was...
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A brief history of our time -- Expectations, knowledge and prices -- Beyond price -- Savings, investment and liquidity -- Models, theories and apples -- Policy implications : finance -- Competition policy -- A new European capital market -- Geopolitics -- Technical annex: do we really need a new...
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This paper investigates the time-varying effects of partisan conflict (PC) and trade policy uncertainty (TPU) on the energy market from January 2000 to July 2021 by employing a time-varying parameter vector autoregressive model with stochastic volatility. The results show that the pass-through...
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