Search Results - subject:"Shock Persistence"

Networked markets and simple relational contracts

Leduc, Mathieu V. - 2023

Persistent link: https://www.econbiz.de/10013543153

Interpolation and shock persistence of prewar U.S. macroeconomic time series: A reconsideration

Dezhbakhsh, Hashem; Levy, Daniel C. - 2022

The U.S. prewar output series exhibit smaller shock-persistence than postwar-series. Some studies suggest this may be … nonstationary process. We find that interpolation indeed reduces shock-persistence, but the interpolated series can still exhibit … greater shock-persistence than a pure random walk. Moreover, linear interpolation makes the series periodically nonstationary …

Persistent link: https://www.econbiz.de/10014304175

Interpolation and shock persistence of prewar U.S. macroeconomic time series: A reconsideration

Dezhbakhsh, Hashem; Levy, Daniel - In: Economics Letters 213 (2022)

The U.S. prewar output series exhibit smaller shock-persistence than postwar-series. Some studies suggest that this may … nonstationary process. We find that interpolation indeed reduces shock-persistence, but the interpolated series can still exhibit … greater shock-persistence than a pure random walk. Moreover, linear interpolation makes the series periodically nonstationary …

Persistent link: https://www.econbiz.de/10013164445

Interpolation and shock persistence of prewar U.S. macroeconomic time series : a reconsideration

Dezhbakhsh, Hashem; Levy, Daniel C. - 2022 - Last revision: February 9, 2022

Persistent link: https://www.econbiz.de/10013175448

Interpolation and shock persistence of prewar U.S. macroeconomic time series : a reconsideration

Dezhbakhsh, Hashem; Levy, Daniel C. - 2022 - Last revision: February 9, 2022

Persistent link: https://www.econbiz.de/10013164224

Spillover effect of United States monetary policy on Nigeria's financial and macro fundamentals

Ekeocha, Patterson C.; Udeaja, Elias A. - In: CBN Journal of Applied Statistics 11 (2020) 1, pp. 111-145

This paper examines spillover effects of U.S monetary policy on macroeconomic fundamentals in Nigeria from January 1985 to December 2018. The study period is partitioned to account for conventional monetary policy (CMP) period, January 1985 to August 2007 and unconventional monetary policy (UMP)...

Persistent link: https://www.econbiz.de/10012604572

Spillover effect of United States monetary policy on Nigeria's financial and macro fundamentals

Ekeocha, Patterson C.; Udeaja, Elias A. - In: CBN journal of applied statistics 11 (2020) 1, pp. 111-145

Persistent link: https://www.econbiz.de/10012297528

Modeling volatility persistence and asymmetry with exogenous breaks in the Nigerian stock returns

Kuhe, David A. - In: CBN Journal of Applied Statistics 09 (2018) 1, pp. 167-196

This study examines the volatility persistence and asymmetry with exogenous breaks in Nigerian stock market. The study utilizes daily closing quotations of stock prices from the Nigerian stock exchange for the period 3rd July, 1999 to 12th June, 2017. Standard symmetric GARCH (1,1), asymmetric...

Persistent link: https://www.econbiz.de/10011961674

Modeling volatility persistence and asymmetry with exogenous breaks in the Nigerian stock returns

Kuhe, David A. - In: CBN journal of applied statistics 9 (2018) 1, pp. 167-196

Persistent link: https://www.econbiz.de/10011922754

Shock Persistence and Current Account Dynamics

Shi, Kang - In: Economics Bulletin 31 (2011) 3, pp. 2260-2271

One-sector inter-temporal models of the current account predict that a transitory shock to the terms of trade will lead to improvement in trade balance, while a persistent (or permanent) one could result in trade balance deterioration. This paper reexamines this issue in a two-sector small open...

Persistent link: https://www.econbiz.de/10009200972