Showing 91 - 100 of 275,722
Persistent link: https://www.econbiz.de/10012233708
Persistent link: https://www.econbiz.de/10010478186
Persistent link: https://www.econbiz.de/10012430407
This paper identifies and measures fiscal spillovers in the EU countries empirically using a global vector autoregression (GVAR) model. Our aim is to look at the sign and the absolute values of fiscal spillovers in a country-wise perspective and at the time profile (impulse response) of the...
Persistent link: https://www.econbiz.de/10011570987
This paper identifies and measures fiscal spillovers in the EU countries empirically, using a structurally stable global vector autoregression (GVAR) model. For our purposes, the individual EU countries, as well as the most important international trading partners, are modelled with a special...
Persistent link: https://www.econbiz.de/10011581983
This paper identifies and measures fiscal spillovers in the EU countries empirically using a global vector autoregression (GVAR) model. Our aim is to look at the sign and the absolute values of fiscal spillovers in a country-wise perspective and at the time profile (impulse response) of the...
Persistent link: https://www.econbiz.de/10012946348
In the present paper we assess the impact of the Eurozone’s economic policies on specific South-Eastern European … or the Eurozone and economic interdependence among them is continuously evolving, we implemented a Global VAR model. Our … policies of the Eurozone, and (b) in the nominal exchange rate of the euro against the US dollar. There is evidence of linkages …
Persistent link: https://www.econbiz.de/10014079058
growth of 0.1% and a 0.1% increase in UK CPI inflation. We then use a non-linear small open economy New Keynesian business …
Persistent link: https://www.econbiz.de/10013099667
This paper investigates which shocks drive asynchrony of business cycles in the euro area. Thereby, it unites two strands of literature, those on common features and on structural VAR analysis. In particular, we show that the presence of a common cycle implies collinearity of structural impulse...
Persistent link: https://www.econbiz.de/10011489953
Since the 1970s the characteristics of international business cycles have changed and deeper economic integration has modified the features of cross-country comovement. We formally test for correlation shifts in measures of real economic activity and economic/financial integration. In Europe we...
Persistent link: https://www.econbiz.de/10012714048