Results 231 to 240 of about 4,811 (265)

A fundamental asymmetry of asymmetric shocks

European Economic Review, 2004
A simple N-country specific-factor-type model with imperfectly mobile labour is developed. It is shown that the effects of country-specific productivity shocks hitting a small country have fundamentally asymmetric effects: A positive shock will be accommodated by a moderate wage increase and sizeable in-migration, whereas a negative shock will be ...
Fredrik Andersson, Rikard Forslid
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Shocks in the asymmetric exclusion process

Probability Theory and Related Fields, 1988
We consider limit theorems for the asymmetric nearest neighbor exclusion process on the integers. The initial distribution is a product measure with asymptotic density \(\lambda\) at -\(\infty\) and \(\rho\) at \(+\infty\).
Andjel, E. D., Bramson, M. D., Liggett, T. M.   +2 more
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Asymmetric reconnection at the bow shock

2020
<p>Can reconnection be triggered as a directional discontinuity (DD) crosses the bow shock? Here we present some unique observations of asymmetric reconnection at a quasi-perpendicular bow shock as an interplanetary DD is crossing it simultaneously with the Magnetospheric Multiscale (MMS) mission.
Herbert Gunell, Maria Hamrin, Oleksandr Goncharov, Alexandre De Spiegeleer, Stephen Fuselier, Joey Mukherjee, Andris Vaivads   +6 more
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Asymmetric Fiscal Policy Shocks [PDF]

, 2013
We empirically test the effects of unanticipated fiscal policy shocks on the growth rate and the cyclical component of real private output and reveal different types of asymmetries in fiscal policy implementation. The data used are quarterly U.S. observations over the period 1967:1 to 2011:4.
Pragidis, Ioannis, Gogas, Periklis, Plakandaras, Vasilios, Papadimitriou, Theophilos   +3 more
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Is the persistence of shocks to output asymmetric?

Journal of Monetary Economics, 1998
Abstract This paper provides evidence that the persistence of positive shocks to output is not significantly different from the persistence of negative shocks. This contrasts the results of Beaudry and Koop (1993) Journal of Monetary Economics 31, 149–163 showing asymmetry in the effects of innovations to GNP.
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EMU's Problems: Asymmetric Shocks or Asymmetric Behavior? [PDF]

Comparative Economic Studies, 2013
The early literature critical of the European Monetary Union feared the effects of asymmetric shocks on an area with little intercountry labor mobility and no common fiscal policy. Yet, asymmetric behavior, rather than asymmetric shocks, appears to be at the root of present difficulties.
Andrea Boltho, Wendy Carlin
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Asymmetric effect of market liquidity demand shocks on price shocks

China Finance Review International, 2013
Purpose – With the launch of CSI 300 Index Futures trading on April 16, 2010, China's stock market presents a more diversified trend, such as arbitrage, trends strategy entering the market rapidly. Therefore, the liquidity demand also presents a higher frequency, and the change is more complex than the original situation.
Xinzhe Xu, Chaojun Yang, Daolun Chen, Gongmeng Chen   +3 more
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Idiosyncratic shocks in an asymmetric Cournot oligopoly

International Journal of Industrial Organization, 2004
Abstract Several authors have studied the impact of a marginal cost variation in the Cournot model on consumers' surplus, firms' profits and social welfare. We unify and extend the results when all marginal costs change simultaneously. Hence, we bring together two strands of literature, respectively, on mean-preserving and subgroup common shocks. The
Linnemer, Laurent, Février, Philippe
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THE ASYMMETRIC EFFECTS OF OIL PRICE SHOCKS

Macroeconomic Dynamics, 2011
In this paper we investigate the effects of oil price uncertainty and its asymmetry on real economic activity in the United States, in the context of a bivariate vector autoregression with GARCH-in-mean errors. The model allows for the possibilities of spillovers and asymmetries in the variance–covariance structure for real output growth and the change
Sajjadur Rahman, Apostolos Serletis
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Fiscal Adjustments and the Asymmetric Effect of Oil Shocks

Energy Economics
This research employs a quadratic exponential model to examine the dynamics of fiscal adjustments in the context of oil shocks. The findings suggest significant state dependence, with past fiscal adjustments increasing the likelihood of future adjustments and an asymmetry in oil shock effects. Supply shocks reduce the probability of fiscal adjustments,
Valencia, Oscar M., Gamboa-Arbelaez, Juliana, Sánchez, Gustavo   +2 more
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