Search Results - subject:"Non‐linear"

Labor market policies in high- and low-interest rate environments : evidence from the euro area

Lastauskas, Povilas; Stakėnas, Julius - In: Economic modelling 141 (2024), pp. 1-22

Do labor market policies initiated in periods of loose monetary policy yield different outcomes from those introduced when monetary tightening prevails? Using data from 11 euro-area members up to 2010 - and extending to 17 countries up to 2020 - we analyze three labor market policies:...

Persistent link: https://www.econbiz.de/10015191729

Assessing cryptomarket risks: macroeconomic forces, market shocks and behavioural dynamics

Thelissaint, Josue - 2024

Persistent link: https://www.econbiz.de/10015191777

Addition of subset and dummy variables in the Threshold Spatial Vector Autoregressive with Exogenous Variables Model to forecast inflation and money outflow

Setiawan, Setiawan; Sohibien, Gama Putra Danu; Prastyo, … - In: Economies : open access journal 12 (2024) 12, pp. 1-27

The TSpVARX model can be used in inflation and money outflow forecasting by accommodating the reciprocal relationship among endogenous variables, the influence of exogenous variables, inter-regional linkages, and the nonlinearity of the relationship between endogenous and predetermined...

Persistent link: https://www.econbiz.de/10015198420

Strike while the iron is hot - optimal monetary policy with a nonlinear Phillips curve

Karadi, Peter; Nakov, Anton; Nuño, Galo; Pasten, Ernesto; … - 2024 - This version: September 30, 2024

Persistent link: https://www.econbiz.de/10015173710

Asymmetries in the transmission of monetary policy shocks over the business cycle : a Bayesian Quantile Factor Augmented VAR

Velasco, Sofia - 2024

This paper introduces a Bayesian Quantile Factor Augmented VAR (BQFAVAR) to examine the asymmetric effects of monetary policy throughout the business cycle. Monte Carlo experiments demonstrate that the model effectively captures non-linearities in impulse responses. Analysis of aggregate...

Persistent link: https://www.econbiz.de/10015176916

Reexamining the economic globalization-welfare state nexus : a Bayesian mixed approach to linear and non-linear dynamics

Nguyen Thi Ngoc Nga; Nguyen Ngoc Thach - In: Cogent economics & finance 12 (2024) 1, pp. 1-14

possible explanation. This study explores the non-linear, non-monotonic aspects of this nexus using a yearly panel of 10 ASEAN … economic globalization. The results demonstrate a non-linear, non-monotonic relationship characterized by an inverted U … of non-linear and complex system sciences. The study offers a solid and reliable foundation for predicting long …

Persistent link: https://www.econbiz.de/10015211223

Pareto-improvements, welfare trade-offs and the taxation of couples

Bierbrauer, Felix; Boyer, Pierre C.; Peichl, Andreas; … - 2024

We develop a theory of tax reforms for a setting with multi-dimensional heterogeneity amongst taxpayers and multiple economic decisions that are all subject to fixed and variable costs. The theorems in this paper provide a complete characterization of the conditions under which Pareto- or...

Persistent link: https://www.econbiz.de/10015145041

Nonlinear firm dynamics

Melcangi, Davide; Sarpietro, Silvia - 2024

This paper presents empirical evidence on the nature of idiosyncratic shocks to firms and discusses its role for firm behavior and aggregate fluctuations. We document that firm-level sales and productivity are hit by heavy-tailed shocks and follow a nonlinear stochastic process, thus departing...

Persistent link: https://www.econbiz.de/10014501127

The importance of tipping points for sustainable development

Bretschger, Lucas; Leuthard, Matthias - 2024 - This version: March 18, 2024

. Tipping processes can play a decisive role in closing this gap and generally describe a non-linear and self-sustaining dynamic …

Persistent link: https://www.econbiz.de/10014502191

Pareto-improvements, welfare trade-offs and the taxation of couples

Bierbrauer, Felix; Boyer, Pierre C.; Peichl, Andreas; … - 2024

Persistent link: https://www.econbiz.de/10015156748