Results 11 to 20 of about 46,229 (309)
Dual carbon economy modeling in advanced economies
Utilizing the cross-sectional fully modified OLS (FMOLS) method, this paper tackles the pressing need to address climate change disasters, particularly in the context of recent COVID-19 restrictions.
Sheng Xu, Weiyu Gu
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THE SHADOW ECONOMY AND ITS IMPACT ON A COUNTRY’S FINANCIAL POTENTIAL
The aim of the article is to reveal the essence of the shadow economy and its impact on the financial potential of a country. We have discovered that the shadow economy is an objective phenomenon which is inherent in the economic systems of all countries,
Nadiia Davydenko +3 more
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Inflation targeting in advanced vs. emerging economies before and after the crisis [PDF]
Emerging economies have specificities which distance them compared to advanced economies in practicing inflation targeting (IT) monetary regime. One of the main differences in performing IT in advanced compared to emerging economies is “fear of ...
Josifidis Kosta +3 more
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Impact of financial stress in advanced and emerging economies [PDF]
Purpose – The purpose of the paper is to examine the differences in the impact of financial stress in advanced and emerging economies. Design/methodology/approach – The authors employ a panel vector autoregression model (PVAR) for a comparative analysis ...
Flavio César Valerio Roncagliolo +1 more
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Fiscal Limits in Advanced Economies* [PDF]
Ageing populations in advanced economies are placing ever‐increasing demands on government spending in the form of old‐age benefits, particularly for health care. Economies that have promised substantially more benefits than they have made provision to finance are heading into a prolonged era of fiscal stress.
Eric M. Leeper, Todd B. Walker
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Trend Inflation in Advanced Economies [PDF]
We derive estimates of trend inflation for fourteen advanced economies from a framework in which trend shocks exhibit stochastic volatility. The estimated specification allows for time-variation in the degree to which longer-term inflation expectations are well anchored in each economy.
Elmar Mertens +2 more
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This article investigates the effects of the different exchange rate regimes on business cycles comovement between advanced and emerging countries. We use the Granger Causality test (VAR model) on panel data to examine the causal relationships.
Baher Ahmed Elgahry
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Is Unemployment on Steroids in Advanced Economies? [PDF]
Abstract Conventional macroeconomic theory is based on the idea that demand shocks can only have temporary effects on unemployment, however several European economies display highly persistent unemployment dynamics. The theory of hysteresis points out that, under certain conditions, demand disturbances can have permanent effects. We find
Gabriel Di Bella +2 more
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Money and Interest in a Cash-in-Advance Economy [PDF]
We analyze an aggregate general equilibrium model in which the use of money is motivated by a cash-in-advance constraint, applied to purchases of a subset of consumption goods. The system is subject to both real and monetary shocks, which are economy-wide and observed by all.
Robert E. Lucas Jr., Nancy L. Stokey
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Globalization of consumer confidence [PDF]
The globalization of world economies and the importance of nowcasting analysis have been at the core of the recent literature. Nevertheless, these two strands of research are hardly coupled.
Çelik Sadullah, Deniz Pınar
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