impact of changes in the interest rate on macroeconomic investment under certainty and under uncertainty to investigate … whether uncertainty over future interest rates in the Euro area hampers monetary policy transmission. In this non-linear model … 'play' area. Second, we apply an algorithm describing path-dependent play-hysteresis to estimate investment hysteresis using …

participation plays in this effect for 11 new European Union member states. Using heterogeneous panel cointegration methods, we …

exchange rate uncertainty in exports to some of the most important global export destinations (United States, Japan, Brazil …This paper estimates the role of policy and exchange rate uncertainty shocks for EU countries' exports to the world … exchange rates on exports is estimated based on the period from 1995M1 to 2015M12. Looking at some of the main export …

, results obtained from panel estimation indicate that the degree of long run inflation persistence has converged. In line with …

, results obtained from panel estimation indicate that the degree of long run inflation persistence has converged. In line with …