In this paper, we perform a comparative segmentation and clustering analysis of the time series for the ten Dow Jones US economic sector indices between 14 February 2000 and 31 August 2008. From the temporal distributions of clustered segments, we find that the US economy took one and a half...
be less predominant and generally weaker rather than vice versa (e.g., de Lange, Taris, Kompier, Houtman, & Bongers, 2004; Ibrahim, Smith, & Muntaner, 2009), it is critical to examine both directions, at least to account for the alternative explanations prerequisite for causal inference....
During the 2008-2009 global financial crisis, emerging market economies (EMEs) loosened monetary policy considerably to cushion the shock. In previous cris... B Coulibaly - 《International Finance Discussion Papers》 被引量: 27发表: 2012年 The Linkages Between Monetary and Macroprudential Policies ...
This volatility had thus affected firms’ production costs and earnings, consumers’ spending and the world’s economy. These periods which had invoked uncertainty in the world’s markets were marked by three important events including the Global Financial Crisis [GFC] in 2008–2009, the European ...
Considering the abovementioned advantages of PPML, this paper uses PPML for all of its estimations. 3.2 Statistical data Bilateral cross-country trade data for Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia are obtained from the COMTRADE database between 2008 and 2019 (United Nations, 2021)....
First, using Bayesian techniques, we estimate a two-country dynamic stochastic general equilibrium (DSGE) model for the United States (US) and the euro area (EA). The main features of the new open economy macroeconomics (NOEM) are embodied in our framework: in particular, imperfect exchange ...
The question now is whether the Fed has any other way to stimulate the economy if there is a sharp slowdown in the US economy and inflation in the future, except for QE3. In response, Fed officials say there are still tools. The first is to further strengthen communication with the publi...
被引量: 2发表: 2008年 Implications of the Korea-US free trade agreement: A general equilibrium approach This paper examines the effects of a US-Korea free trade agreement (FTA) on various sectors of the economy in the two countries using a general equilibrium... R Zhuang,WW Koo 被引量:...
Addressing the interconnectedness of oil prices and foreign exchange rates poses a substantial challenge and raises significant questions within economic research. Existing studies reveal a fragmented understanding of the dynamics between these crucial v
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