|
|
|
|
|
Szabolcs Deák, Paul Levine, Joseph Pearlman and Bo Yang
We construct a New Keynesian (NK) behavioural macroeconomic model with bounded-rationality (BR) and heterogeneous agents. We solve and simulate the model using a third-order approximation for a given policy and evaluate its properties using this solution...
ver más
|
|
|
|
|
|
|
|
|
|
|
El houssin Ouassou and Hafsa Taya
Tourism is one of the main sources of wealth for the Moroccan regions, since, in 2019, it contributed 7.1% to the total GDP. However, it is considered to be one of the sectors most vulnerable to exogenous shocks (political and social stability, currency ...
ver más
|
|
|
|
|
|
|
|
|
|
|
Ojo J. Adelakun,Harold Ngalawa
AbstractOrientation: The literature on exchange rate pass-through appears to have shifted from the question of whether the pass-through is complete or incomplete to whether or not it is sufficient to assume that the pass-through is exogenous despite the ...
ver más
|
|
|
|
|
|
|
|
|
|
|
Rossimar Laura Oliveira,Eduardo Kazuo Kayo
Pág. 1 - 18
This paper is an empirical investigation that uses IPI benefits (tax benefit) offered by the Brazilian government as an exogenous shock in the relationship between firm and industry leverage. We used data from Brazilian companies between 2007 and 2015. T...
ver más
|
|
|
|
|
|
|
|
|
|
|
Loris Rubini
Firms in countries with poor enforcement of property rights are often subject to extortions, which impact the business cycle. Unlike taxes, extortions respond endogenously to exogenous shocks, potentially affecting the volatility of investment, consumpti...
ver más
|
|
|
|
|
|
|
|
|
|
|
Marwa A. Elsherif
Pág. 1209 - 1216
Egypt has passed through different development stages, followed different exchange rate regime at each, ranging from fixed to floating. This study tries to examine empirically how Central Bank of Egypt actions influence exchange rate volatility using GAR...
ver más
|
|
|
|
|
|
|
|
|
|
|
Fatih Savasan,Fatih Yardimcioglu,Furkan Besel
This study investigates the effects of exogenous shocks on Participation 30 Index that published by Borsa Istanbul using daily data during the period from 06.01.2011 to 31.08.2015. Using the Zivot-Andrews and Fourier unit root tests the stationarity of t...
ver más
|
|
|
|
|
|
|
|
|
|
|
Pooja Joshi and Arun Kumar Giri
The study aims at examining how fiscal deficits affect the performance of the stock market in India by using annual data from 1988?2012. The study makes use of Ng-Perron unit root tests to check the non-stationarity property of the series; the Auto Regre...
ver más
|
|
|
|
|
|
|
|
|
|
|
Christos Kollias, Stephanos Papadamou and Costas Siriopoulos
Terrorist incidents exert a negative, albeit usually short-lived, impact on markets and equity returns. Given the integration of global financial markets, mega-terrorist events also have a high contagion potential with their shock waves being transmitted...
ver más
|
|
|
|
|
|
|
|
|
|
|
Javier Nuñez
Pág. pp. 185 - 202
We apply a variation of Bourguignon, Meléndez and Ferreira (2005) methodology
to examine the extent to which income inequality is associated with the inequality
of observed exogenous circumstances of origin that determine individuals?
?opportunities? to ...
ver más
|
|
|
|
|
|