Results 211 to 220 of about 63,609 (288)

The Role of Labour Market Institutions in Shaping Euro Area Monetary Policy Transmission

open access: yesOxford Bulletin of Economics and Statistics, EarlyView.
ABSTRACT We examine how labour market institutions shape monetary policy transmission in euro area countries. A theoretical model suggests that higher union density flattens the Phillips curve, amplifying output responses while dampening the inflation effects of monetary shocks. This is empirically confirmed using an interacted panel VAR.
Maximilian Boeck, Christian Glocker
wiley   +1 more source

Forecasting Climate Change Using a Multivariate Cointegrated System

open access: yesOxford Bulletin of Economics and Statistics, EarlyView.
ABSTRACT A cointegrated vector equilibrium correction model of key climate variables including sea surface temperature, ocean heat content, Arctic sea‐ice extent and sea‐level change is built, driven by radiative forcing in which a stochastic trend arises due to anthropogenic emissions of greenhouse gases.
Jennifer L. Castle   +3 more
wiley   +1 more source

Panel Sequential Group Estimation of Interactive Effects Models

open access: yesOxford Bulletin of Economics and Statistics, EarlyView.
ABSTRACT This paper proposes a novel procedure to identify latent groups in the slopes of panel data models with interactive effects. The method is straightforward to apply and relies only on closed‐form estimators when evaluating the objective function.
Ignace De Vos, Joakim Westerlund
wiley   +1 more source

Systemic risk in the insurance sector: A semi‐parametric approach based on Spearman's rho

open access: yesRisk Management and Insurance Review, EarlyView.
Abstract We propose a new method to measure systemic risk in the global insurance sector by analyzing interconnectedness among firms under different market conditions. Using a semi‐parametric approach that relies on the Spearman correlation and copula‐based partial dependence, we assess relationships in relatively stable, extremely bullish, and ...
Leonardo Iania   +2 more
wiley   +1 more source

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