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Monitoring economic conditions in real time, or nowcasting, is among the key tasks routinely performed by economists. Nowcasting entails some key challenges, which also characterise modern Big Data analytics, often referred to as the three "Vs": the large number of time series continuously...
Persistent link: https://www.econbiz.de/10012259379
The goal of this paper is to provide up-to-date worldwide evidence on the short-term relationship between credit … economic statements, namely, that credit is procyclical and that changes in credit have strong effects on private expenditure …. According to the evidence produced, credit procyclicality -in the sense that the simple correlation coefficient is positive and …
Persistent link: https://www.econbiz.de/10009348728
This paper empirically assesses the effects of competition in the financial sector on credit procyclicality by … potential GDP leads to greater credit fluctuation in economies where:(i) competition among banks and,(ii) competition from non … developments in credit markets work to amplify and propagate shocks to the macroeconomy" (Bernanke et al., 1999). Furthermore …
Persistent link: https://www.econbiz.de/10012961270
The aim of this paper is to investigate the relationship between credit and business cycles within a nonlinear … the 1986-2010 period. Our findings show that credit procyclicality is nonlinear, depending on economic conditions. More … specifically, credit is highly procyclical in extreme-booms and busts-regimes in Canada, the UK and the US, while procyclicality is …
Persistent link: https://www.econbiz.de/10013121160
growth, net migration, and changes in unemployment rates at the municipal level in Sweden. The aim is to explore in depth the …
Persistent link: https://www.econbiz.de/10011019144
categories on unemployment have been extensively discussed in the empirical literature. However, interaction effects between … explanatory power of macroeconomic models explaining unemployment. The approach permits to tackle model specification problems …
Persistent link: https://www.econbiz.de/10009323188
Labor and product market regulations affect the unemployment rate of a country without doubt. Econometricians, however … indicators are identified as significant determinants of unemployment. Endogeneity due to reverse causality is also considered by …
Persistent link: https://www.econbiz.de/10008646453
special emphasis on the effects of unemployment. We use the conceptual model of Dahlgren and Whitehead. We analyze … shift from employment to unemployment have a significant influence. Models based on data from the ENSE, however, conclude … that after controlling for other determinants of health, unemployment has a significant negative impact on physical and …
Persistent link: https://www.econbiz.de/10010700746
between unemployment and crime also depends on preexisting local crime levels. In order to analyze conjectured nonlinearities … quantile regressions confirm the positive link between unemployment and crime for property crimes, results for assault differ …
Persistent link: https://www.econbiz.de/10010812502
The objective of the study is to examine the relationship between unemployment rate and growth rate in selected SAARC … unemployment hysteresis in selected SAARC countries. The results further depict that the significance of the relationship between … economic growth rate and unemployment rate vary between the SAARC countries. …
Persistent link: https://www.econbiz.de/10010717454