We provide a unified framework for quantifying the cross country and cross-sector interactions among trade, innovation …, and knowledge diffusion. We study the effect of trade liberalization in a multi-country, multi-sector endogenous growth … trade costs induces a re-allocation of comparative advantage in production and innovation across sectors, which translates …

estimating trivariate hybrid time-varying parameter Bayesian VAR models with stochastic volatility for the three-month Treasury …

This study explores the benefits of incorporating fat-tailed innovations, asymmetric volatility response, and an … extended information set into crude oil return modeling and forecasting. To this end, we utilize standard volatility models … Stochastic Volatility (SV), along with Mixed Data Sampling (MIDAS) regressions, which enable us to incorporate the impacts of …