Search Results - subject:"Output correlation"

Does the number of countries in an international business cycle model matter?

Kim, Myunghyun - 2019

Persistent link: https://www.econbiz.de/10012171419

The evolution of international consumption risk sharing over time and frequency

McLoughlin, Cameron - 2010

integration. This evidence adds a new dimension to the consumption output correlation puzzle, which appears to only hold at …

Persistent link: https://www.econbiz.de/10010316796

The Evolution of International Consumption Risk Sharing Over Time And Frequency

McLoughlin, Cameron - International Economics Section, The Graduate Institute … - 2010

integration. This evidence adds a new dimension to the consumption output correlation puzzle, which appears to only hold at …

Persistent link: https://www.econbiz.de/10008742947

International financial integration and risk sharing among countries: A production-based approach

Kim, H. Youn - In: Journal of the Japanese and International Economies 31 (2014) C, pp. 16-35

This paper develops a production-based model for analyzing a role of asset trade in pooling risks among countries and provides new evidence for the international consumption-output puzzle and risk sharing among countries. Efficient risk sharing rules among countries are the same as the...

Persistent link: https://www.econbiz.de/10010744096

Why Did the Sign of the Price-Output Correlation Change? Evidence from a Structural VAR with GARCH Errors

Cover, James Peery; Hueng, C. James - Department of Economics, Ball State University - 2006

It is generally agreed that the price-output correlation in the United States was positive prior to the Second World … structural shocks to AD and AS. It is found that during the postwar period the price-output correlation is negative and … War, but became negative during the postwar period (at least by 1972). This paper offers evidence that the price-output …

Persistent link: https://www.econbiz.de/10005163070

Output Correlation and EMU: Evidence from European Countries

Inagaki, Kazuyuki - In: Journal of Economic Integration 21 (2006), pp. 458-473

-correlation approach, we explore output correlation between European EMU member countries. Our findings can be summarized as follows: (i …

Persistent link: https://www.econbiz.de/10009391984

Mismatching Measures of Output and Prices: Implications for Measuring the Comovement of Prices and Output

Davis, George K; Kanago, Bryce E. - EconWPA - 2005

Persistent link: https://www.econbiz.de/10005076724

Optimal Monetary Policy and the Correlation between Prices and Output

Cover, James Peery; Pecorino, Paul - In: Contributions in Macroeconomics 3 (2003) 1

Several empirical papers have established the fact of a negative price-output correlation for the United States in the … affects the price-output correlation. The model is capable of explaining why the price-output correlation in the United States … is positive with prewar data but negative with postwar data. The model implies that a negative price-output correlation …

Persistent link: https://www.econbiz.de/10014588425

Optimal Monetary Policy and the Correlation between Prices and Output

Cover, James; Pecorino, Paul - In: Contributions to Macroeconomics 3 (2003) 1, pp. 1064-1064

Persistent link: https://www.econbiz.de/10005246385