Results 171 to 180 of about 331,163 (349)
The Phillips Curve is Alive and Well: Inflation and the NAIRU During the Slow Recovery
Robert J. Gordon
openalex +1 more source
Mergers and Acquisitions and Brexit: A Natural Experiment
ABSTRACT We study the impact of Brexit uncertainty on one of the most important forms of corporate investment: mergers and acquisitions (M&As). Brexit provides us with an ideal natural experiment to explore the real effects of economic uncertainty and understand the underlying transmission mechanism. We document a significant decline in the number of M&
Di Luo +3 more
wiley +1 more source
Using Instrumental Varibles to Estimate the Share of Backward- Looking Firms [PDF]
This paper examines the small-sample distribution of the instrumental variables (IV) estimation procedure employed by Gali and Gertler (1999) to assess the empirical fit of the New Keynesian Phillips Curve (NKPC) and the hybrid Phillips Curve (HPC ...
Lars Sondergaard
core
Controlling for Geographic Dispersion when Estimating the Japanese Phillips Curve
Hiroshi Fujiki, Howard J. Wall
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ABSTRACT This paper examines the relationship between economic policy uncertainty, risk aversion, and investors' attention for 15 equity indices across Asia, Europe, and North America. Our empirical results indicate that both risk aversion and economic uncertainty significantly increase the Google Search Volume across all equity indices.
Stephanos Papadamou +2 more
wiley +1 more source
Do Phillips curves conditionally help to forecast inflation? [PDF]
The Phillips curve has long been used as a foundation for forecasting inflation. Yet numerous studies indicate that over the past 20 years or so, inflation forecasts based on the Phillips curve generally do not predict inflation any better than a ...
Michael Dotsey +2 more
core
Interplay Between Green Investment and Market Price Premia in Global Shipping
ABSTRACT Existing research emphasises that the driver of green investment is its future profitability. This paper shows that other investors' decisions also influence green investment. We take the example of scrubber installation in shipping, which is optional by regulation but has an established market for trading its underlying asset.
Yao Shi +4 more
wiley +1 more source
The global slack hypothesis [PDF]
We illustrate the analytical content of the global slack hypothesis in the context of a variant of the widely used New Open-Economy Macro model of Clarida, Galí, and Gertler (2002) under the assumptions of both producer currency pricing and local ...
Enrique Martinez-Garcia, Mark A. Wynne
core
Do Phillips Curves Conditionally Help to Forecast Inflation?
Michael Dotsey +2 more
openalex +1 more source
ABSTRACT Introduction Positive racial and ethnic identity formation is associated with psychological well‐being, especially for Black adolescents. Parental socialization and school‐related factors are key influences that have been studied, but less is known about other factors in an adolescent's social ecology, such as out‐of‐school activities.
Maureen T. S. Burns +5 more
wiley +1 more source

