Results 81 to 90 of about 1,157 (160)

Market Integration and Nonlinear Price Transmission in 19th‐Century British Wheat Markets

open access: yesJournal of Agricultural Economics, EarlyView.
ABSTRACT Important developments in infrastructure and institutions characterized 19th‐Century wheat markets in Great Britain. Among these developments was the construction of the national rail system which enabled cheaper and more efficient transport of grain and other bulky cargoes between inland towns and ports.
Barry K. Goodwin, A. Ford Ramsey
wiley   +1 more source

Long‐run confidence: Estimating uncertainty when using long‐run multipliers

open access: yesAmerican Journal of Political Science, EarlyView.
Abstract Researchers are often interested in the long‐run relationship (LRR) between variables where the dependent variable has dynamic properties. Though determining the long‐run multiplier (LRM) for an independent variable is straightforward, correctly estimating the significance of the LRM is often difficult, especially when time series are short ...
Mark David Nieman, David A. M. Peterson
wiley   +1 more source

Estimating the Impact of Foreign Direct Investment (FDI) Policies on FDI Inflows Into Australia

open access: yesAsian-Pacific Economic Literature, EarlyView.
ABSTRACT To what extent FDI policy settings and changes influence FDI inflows is an empirical question for which global answers are scarce. Australia is a pertinent locale to test this question, having a long history of attracting FDI and a policy approach distinct from most developed countries.
Stewart Nixon
wiley   +1 more source

Macroprudential Policy in the Euro Area

open access: yesJournal 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   +1 more
wiley   +1 more source

EU ETS Market Expectations and Rational Bubbles

open access: yesJournal 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   +2 more
wiley   +1 more source

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