Results 11 to 20 of about 36,210 (261)
Narratives About the Macroeconomy
We provide evidence on narratives about the macroeconomy — the stories people tell to explain macroeconomic phenomena — in the context of a historic surge in inflation. We measure economic narratives in open-ended survey responses and represent them as Directed Acyclic Graphs. We apply this approach in surveys with more than 8,000 US households and 100
Haaland, Ingar +3 more
openaire +4 more sources
The Macroeconomy After Tariffs
AbstractWhat does the macroeconomy look like in the aftermath of tariff changes? This study estimates impulse response functions from local projections using a panel of annual data that spans 151 countries from 1963 to 2014. Tariff increases are associated with persistent, economically and statistically significant declines in domestic output and ...
Furceri, D +3 more
openaire +4 more sources
Regulation and the Macroeconomy [PDF]
We introduce a new measure of the extent of federal regulation in the U.S. and use it to investigate the relationship between federal regulation and macroeconomic performance. We find that regulation has statistically and economically significant effects
John W. Dawson
core +2 more sources
Trends and Cycles in China's Macroeconomy [PDF]
We make four contributions in this paper. First, we provide a core of macroeconomic time series usable for systematic research on China. Second, we document, through various empirical methods, the robust findings about striking patterns of trend and cycle. Third, we build a theoretical model that accounts for these facts.
Chun Chang +3 more
openaire +6 more sources
Aluminium market and the macroeconomy [PDF]
We propose and test a structural model of the interaction between the aluminium market and the macroeconomy incorporating the rational expectations hypothesis.
Luca Pieroni, Melisso Boschi
core +3 more sources
The oil price-macroeconomy dependence. [PDF]
This paper investigates the relationship between the price of oil and real output in the United States in the context of a Markov regime switching, identified, structural GARCH-in-Mean VAR model with copulas. We use the copula method to investigate the nonlinear dependence structure, as well as (upper and lower) tail dependence, between the price of ...
Serletis A, Xu L.
europepmc +3 more sources
Health Insurance Coverage and the Macroeconomy [PDF]
The primary objective of this paper is to improve our understanding of the historic relationship between state and national macroeconomic climate and the health insurance coverage of Americans. The secondary objective of this paper is to use the historic
John Cawley, Kosali I. Simon
core +3 more sources
A connectedness analysis among BRICS’s geopolitical risks and the US macroeconomy
Based on the TVP-VAR (time-varying parameter vector autoregressive) based extended joint connectedness methodology, this study analyzes the joint connectedness among BRICS’s (Brazil, Russia, India, China, and South Africa) geopolitical risks and the US ...
Yulian Zhang, Shigeyuki Hamori
semanticscholar +1 more source
Quantifying Market Power and Business Dynamism in the Macroeconomy
We propose a general equilibrium model with oligopolistic output markets where two channels can cause a change in market power: (i) technology, via changes to productivity shocks and the cost of entry, (ii) market structure, via changes to the number of ...
J. Loecker, J. Eeckhout, S. Mongey
semanticscholar +1 more source
How Do Expectations about the Macroeconomy Affect Personal Expectations and Behavior?
Using a representative online panel from the United States, we examine how individuals' macroeconomic expectations causally affect their personal economic prospects and their behavior.
Christopher Roth, Johannes Wohlfart
semanticscholar +1 more source

