Results 121 to 130 of about 1,248 (231)

Macroprudential Policy in the Euro Area

Journal of Money, Credit and Banking, EarlyView.
Abstract This paper examines the development and impact of macroprudential policies in the euro area. We construct a novel index that captures the stance of macroprudential policy, and we highlight its main stylized facts since the inception of the euro in 1999. We combine a narrative approach and a structural VAR method to show that both unanticipated
ÁLVARO FERNÁNDEZ‐GALLARDO, IVÁN PAYÁ   +1 more
wiley   +1 more source

Food Security-Climate Change-National Income Nexus: Insights from GCC Countries. [PDF]

Foods
Elzaki RM.
europepmc   +1 more source

EU ETS Market Expectations and Rational Bubbles

Journal of Money, Credit and Banking, EarlyView.
Abstract The European Union Emissions Trading System (EU ETS) experienced sharp allowance price increases from 2018 onward, prompting claims that rational bubbles were driving the surge. We reassess this hypothesis using expectations based on futures prices.
CHRISTOPH WEGENER, ROBINSON KRUSE‐BECHER, TONY KLEIN   +2 more
wiley   +1 more source

Impact of Climate Change, Agricultural Credit and Inflation on Cereal Crop Productivity in Ethiopia: Novel Dynamic Simulated ARDL Approach. [PDF]

Food Sci Nutr
Cao J, Wosene G, Pang Y, Aynalem M, Jadoon AU.   +4 more
europepmc   +1 more source

Learning in the Limit: Income Inference from Credit Extensions

The Journal of Finance, EarlyView.
ABSTRACT Combining a randomized controlled trial with administrative and survey data, this paper shows that credit limit extensions significantly increase total spending and income expectations. By controlling for changes in personal income expectations, the spending response to credit limit extensions weakens by approximately 30%.
XIAO YIN
wiley   +1 more source

Econometric methodology for selecting explanatory factors for power consumption. [PDF]

MethodsX
Guefano S.
europepmc   +1 more source

Heteroskedastic Structural Vector Autoregressions Identified via Long‐Run Restrictions

Oxford Bulletin of Economics and Statistics, EarlyView.
ABSTRACT A central assumption for identifying structural shocks in vector autoregressive (VAR) models via heteroskedasticity is the time‐invariance of the impact effects of the shocks. It is shown how that assumption can be tested when long‐run restrictions based on the cointegration structure of the variables are available for identifying structural ...
Martin Bruns, Helmut Lütkepohl
wiley   +1 more source

A novel damage detection method based on sequential iteration and Gaussian mixture model for structural health monitoring under environmental effects. [PDF]

Sci Rep
Huang JZ, Yang J, Li DS, Kong WC, Wang YF.   +4 more
europepmc   +1 more source

Forty Years of Empirical Evidence of Cointegration and Nonlinear Equilibrium Correction in UK Money Demand Since the XIXth Century

Oxford Bulletin of Economics and Statistics, EarlyView.
ABSTRACT Since the seminal contributions of Friedman and Schwartz and of Hendry and Ericsson, instability in money demand has remained a central issue in the literature. This study broadens and generalizes the first evidence for the United Kingdom of stable long‐ and short‐run broad money demand extending back to the nineteenth century. Using nonlinear
Álvaro Escribano, Juan‐Andrés Rodríguez, Miguel A. Arranz   +2 more
wiley   +1 more source

Exploring the role of technological innovation and renewable energy in environmental sustainability across Asian economies. [PDF]

Sci Rep
Zhang L, Xiang R, Yang Q, Bhat MA, Sohail HM.   +4 more
europepmc   +1 more source