The time series of various economic variables often exhibit asymmetry: decreases in the values tend to be sharp and … fast, whereas increases usually occur slowly and gradually. We detect signs of an analogous asymmetry in firms’ wage … shocks in the same variables. As well as describing the presence of asymmetry in the speed of wage adjustment, we investigate …

endogeneity, nonlinearity and asymmetry. The econometric model is a smooth transition autoregressive vector estimated by Bayesian …

incorporates general asymmetry and long memory (hereafter the RSV-GALM model). The contribution of the paper ties in with Robert … RSV-GALM model and a test for general asymmetry, and analyses the finite sample properties. The paper also develops an …

. Asymmetry between an integrated global economy, fragmented global community, and defective global polity, causes social …

. Asymmetry between an integrated global economy, fragmented global community, and defective global polity, causes social …