EconBiz - Find Economic Literature
    • Logout
    • Change account settings
  • A-Z
  • Beta
  • About EconBiz
  • News
  • Thesaurus (STW)
  • Research Skills
  • Help
  •  My account 
    • Logout
    • Change account settings
  • Login
EconBiz - Find Economic Literature
Publications Events
Search options
Advanced Search history
My EconBiz
Favorites Loans Reservations Fines
    You are here:
  • Home
  • Search: subject_exact:"Hysteresis"
Narrow search

Narrow search

Year of publication
Subject
All
Hysteresis 1,856 Hysterese 1,648 Path dependence 1,213 Pfadabhängigkeit 1,213 Theorie 1,066 Theory 1,017 Arbeitslosigkeit 597 Unemployment 588 Schätzung 374 hysteresis 348 Estimation 334 Deutschland 319 Germany 291 USA 266 United States 250 Geldpolitik 201 EU-Staaten 196 Monetary policy 184 EU countries 182 Arbeitsmarkt 163 Konjunktur 157 Schock 151 Business cycle 143 Labour market 142 Evolutionary economics 137 Evolutionsökonomik 137 Theorie der Arbeitslosigkeit 133 Unemployment theory 128 Shock 124 Phillips curve 122 Institutioneller Wandel 117 Institutional change 116 Wirtschaftswachstum 116 Natural rate of unemployment 114 Natürliche Arbeitslosenquote 113 Economic growth 110 Innovation 110 Phillips-Kurve 110 Welt 109 World 106
more ... less ...
Online availability
All
Free 1,244 Undetermined 527
Type of publication
All
Book / Working Paper 1,746 Article 1,571 Other 1
Type of publication (narrower categories)
All
Article in journal 1,128 Aufsatz in Zeitschrift 1,128 Working Paper 927 Graue Literatur 787 Non-commercial literature 787 Arbeitspapier 752 Aufsatz im Buch 286 Book section 286 Hochschulschrift 157 Thesis 136 Case study 33 Fallstudie 33 Collection of articles of several authors 27 Sammelwerk 27 Bibliografie enthalten 20 Bibliography included 20 Collection of articles written by one author 19 Sammlung 19 Aufsatzsammlung 18 Konferenzschrift 17 Conference paper 15 Konferenzbeitrag 15 Dissertation u.a. Prüfungsschriften 13 Systematic review 12 Übersichtsarbeit 12 Conference proceedings 9 Rezension 8 Reprint 7 Amtsdruckschrift 6 Article 6 Government document 6 Book review 3 Lehrbuch 3 Amtliche Publikation 2 Conference Paper 2 Elektronischer Datenträger 2 Forschungsbericht 2 Report 2 Advisory report 1 Company information 1
more ... less ...
Language
All
English 2,726 German 293 Undetermined 232 French 34 Italian 12 Portuguese 9 Spanish 4 Czech 3 Polish 3 Dutch 2 Danish 1 Finnish 1 Hungarian 1 Norwegian 1 Romanian 1 Slovak 1 Turkish 1
more ... less ...
Author
All
Belke, Ansgar 68 Snower, Dennis J. 52 Göcke, Matthias 49 Gil-Alaña, Luis A. 31 Caporale, Guglielmo Maria 28 Merkl, Christian 23 Karanassou, Marika 22 Cross, Rod 21 Eichengreen, Barry 21 Lechthaler, Wolfgang 21 Gil-Alana, Luis A. 20 Sydow, Jörg 18 Alexius, Annika 17 Holmlund, Bertil 17 Setterfield, Mark 17 Summers, Lawrence Henry 17 Blanchard, Olivier 16 Franz, Wolfgang 15 Dreger, Christian 14 Galí, Jordi 13 Baldwin, Richard E. 12 Dumas, Bernard 12 Kaas, Leo 12 Koch, Jochen 12 Kronen, Dominik 12 Lang, Dany 12 McCausland, W. David 12 Möller, Joachim 12 Schreyögg, Georg 12 Kapeller, Jakob 11 Kienzler, Daniel 11 Paqué, Karl-Heinz 11 Skott, Peter 11 Sommer, Martin 11 Congregado, Emilio 10 Ozdemir, Zeynel Abidin 10 Sala, Hector 10 Singh, Sanjay R. 10 Volz, Ulrich 10 Blanchard, Olivier J. 9
more ... less ...
Institution
All
National Bureau of Economic Research 43 C.E.P.R. Discussion Papers 14 Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München 10 Institute for the Study of Labor (IZA) 8 EconWPA 6 Scottish Institute for Research in Economics (SIRE) 6 European University Institute / Department of Economics 5 Forschungsinstitut zur Zukunft der Arbeit 5 Springer Fachmedien Wiesbaden 4 Department of Economics, Oxford University 3 Department of Economics, Sciences économiques 3 Economics Department, University of Strathclyde 3 Edward Elgar Publishing 3 European Central Bank 3 Helmut-Schmidt-Universität 3 Institut für Makroökonomie und Konjunkturforschung (IMK), Hans Böckler Stiftung 3 Institut für Weltwirtschaft 3 Sciences économiques, Sciences Po 3 Shaker Verlag 3 University of Strathclyde / Department of Economics 3 Agricultural and Applied Economics Association - AAEA 2 Christian-Albrechts-Universität zu Kiel 2 DIW Berlin (Deutsches Institut für Wirtschaftsforschung) 2 Daimler und Benz Stiftung 2 Department of Economics, New School for Social Research 2 Department of Economics, University of Connecticut 2 Department of Economics, University of Nevada-Las Vegas 2 Economics Department, Organisation de Coopération et de Développement Économiques (OCDE) 2 European Association of Evolutionary Political Economy 2 Facultat d'Economia i Empresa, Universitat de Barcelona 2 Forschungsinstitut zur Zukunft der Arbeit <Bonn> 2 Friedrich-Schiller-Universität Jena 2 HWWA Institut für Wirtschaftsforschung 2 Institut für Theoretische Volkswirtschaftslehre <Hamburg> 2 Institut für Wirtschaftswissenschaften <Wien> 2 Instituto Valenciano de Investigaciones Económicas (IVIE) 2 International Monetary Fund (IMF) 2 Internationaler Währungsfonds / Research Department 2 Kiel Institute for the World Economy 2 Nationale Bank van België/Banque national de Belqique (BNB) 2
more ... less ...
Published in...
All
IZA Discussion Papers 45 Working paper / National Bureau of Economic Research, Inc. 45 NBER working paper series 43 Discussion paper series / IZA 42 NBER Working Paper 36 Discussion paper / Centre for Economic Policy Research 31 Empirical economics : a journal of the Institute for Advanced Studies, Vienna, Austria 29 CESifo working papers 24 Economic modelling 21 Physica A: Statistical Mechanics and its Applications 21 Volkswirtschaftliche Diskussionsbeiträge 18 Working Paper 17 Applied economics letters 16 CESifo Working Paper 16 Discussion papers / Deutsches Institut für Wirtschaftsforschung 15 European economic review : EER 15 Applied economics 14 CEPR Discussion Papers 14 The hidden dynamics of path dependence : institutions and organizations 14 Economics letters 13 Journal of economic behavior & organization : JEBO 13 Journal of post-Keynesian economics : JPKE 13 IZA Discussion Paper 12 Kiel working paper 12 Research policy : policy, management and economic studies of science, technology and innovation 12 CESifo Working Paper Series 11 The foundations of non-equilibrium economics : the principle of circular and cumulative causation 11 DIW Discussion Papers 10 Discussion papers / CEPR 10 Innovation, path dependency, and policy : the Norwegian case 10 Journal of economic geography 10 Kiel Working Paper 10 MPRA Paper 10 Metroeconomica : international review of economics 10 The European Physical Journal B - Condensed Matter and Complex Systems 10 IMF working papers 9 Macroeconomic dynamics 9 Review of Keynesian economics 9 Scottish journal of political economy : the journal of the Scottish Economic Society 9 Cambridge journal of regions economy and society 8
more ... less ...
Source
All
ECONIS (ZBW) 2,808 RePEc 290 EconStor 185 USB Cologne (EcoSocSci) 18 USB Cologne (business full texts) 7 BASE 7 OLC EcoSci 2 ArchiDok 1
more ... less ...
Showing 1 - 50 of 3,318
Cover Image
Supply or demand? : policy makers' confusion in the pesence of hysteresis
Fatás, Antonio; Singh, Sanjay R. - 2022
Policy makers need to separate between temporary demand-driven shocks and permanent shocks in order to design optimal aggregate demand policies. In this paper we study the case of a central bank that ignores the presence of hysteresis when identifying shocks. By assuming that all low-frequency...
Persistent link: https://ebtypo.dmz1.zbw/10013179263
Saved in:
Cover Image
Hysteresis, endogenous growth, and monetary policy
Amador, Sebastián - 2022
I provide evidence of substantial hysteresis (i.e., a situation in which temporary shocks have longrun effects) from monetary shocks on two sources of endogenous growth; human capital and technological adoption. This contribution is the first to test for the presence of this phenomenon in direct...
Persistent link: https://ebtypo.dmz1.zbw/10013179301
Saved in:
Cover Image
Age and gender differentials in unemployment and hysteresis
Guisinger, Amy; Jackson, Laura; Owyang, Michael T. - 2022
Persistent link: https://ebtypo.dmz1.zbw/10013367788
Saved in:
Cover Image
Youth unemployment hysteresis in South Africa : macro-micro analysis
Maskaeva, Asiya; Msafiri, Mgeni - 2021
This study simulates the macro-micro economic impacts of the employment policy, focusing on hysteresis in youth unemployment in South Africa. Specifically, we apply a dynamic computable general equilibrium model to calibrate the 2015 South African Social Accounting Matrix to estimate, compare,...
Preview
Preview
Persistent link: https://ebtypo.dmz1.zbw/10012422653
Saved in:
Cover Image
Monetary policy in the age of automation
Fornaro, Luca; Wolf, Martin - 2021 - Revised: November 2021
Persistent link: https://ebtypo.dmz1.zbw/10012873089
Saved in:
Cover Image
Monetary policy in the age of automation
Fornaro, Luca; Wolf, Martin - 2021 - Updated version
Persistent link: https://ebtypo.dmz1.zbw/10012806285
Saved in:
Cover Image
Hysteresis in unemployment : evidence from OECD estimates of the natural rate
Ball, Laurence M.; Onken, Joern - 2021
This paper studies the dynamics of unemployment (u) and its natural rate (u*), with u* measured by real-time estimates for 29 countries from the OECD. We find strong evidence of hysteresis: an innovation in u causes u* to change in the same direction, and therefore has permanent effects. For our...
Preview
Preview
Persistent link: https://ebtypo.dmz1.zbw/10012705521
Saved in:
Cover Image
Switching-track after the Great Recession
Vinci, Francesca; Licandro, Omar - 2021
Persistent link: https://ebtypo.dmz1.zbw/10012821859
Saved in:
Cover Image
Estimating hysteresis effects
Furlanetto, Francesco; Lepetit, Antoine; Robstad, Ørjan; … - 2021
In this paper, we identify demand shocks that can have a permanent effect on output through hysteresis effects. We call these shocks permanent demand shocks. They are found to be quantitatively important in the United States, in particular when the sample includes the Great Recession. Recessions...
Persistent link: https://ebtypo.dmz1.zbw/10012663764
Saved in:
Cover Image
Switching-track after the great recession
Vinci, Francesca; Licandro, Omar - 2021
We propose a theoretical framework to reconcile episodes of V-shaped and L-shaped recovery, encompassing the behaviour of the U.S. economy before and after the Great Recession. In a DSGE model with endogenous growth, negative demand shocks destroy productive capacity, moving GDP to a lower...
Persistent link: https://ebtypo.dmz1.zbw/10012533939
Saved in:
Cover Image
Regional reindustrialization patterns and productivity growth in Europe
Capello, Roberta; Cerisola, Silvia - In: Regional studies : official journal of the Regional … 57 (2023) 1, pp. 1-12
Persistent link: https://ebtypo.dmz1.zbw/10013531278
Saved in:
Cover Image
Do temporary demand shocks have long-term effects for startups?
Hvide, Hans K.; Meling, Tom G. - In: The review of financial studies 36 (2023) 1, pp. 317-350
Persistent link: https://ebtypo.dmz1.zbw/10013547857
Saved in:
Cover Image
Recessions and local labor market hysteresis
Hershbein, Brad; Stuart, Bryan A. - 2020
This paper studies the effects of each U.S. recession since 1973 on local labor markets. We find that recession-induced declines in employment are permanent, suggesting that local areas experience permanent declines in labor demand relative to less-affected areas. Population also falls,...
Persistent link: https://ebtypo.dmz1.zbw/10012214828
Saved in:
Cover Image
The long-run effects of monetary policy
Jordà, Òscar; Singh, Sanjay R.; Taylor, Alan M. - 2020
Persistent link: https://ebtypo.dmz1.zbw/10012180375
Saved in:
Cover Image
The long-run effects of monetary policy
Jordà, Òscar; Singh, Sanjay R.; Taylor, Alan M. - 2020
Persistent link: https://ebtypo.dmz1.zbw/10012182002
Saved in:
Cover Image
Coronavirus crisis and its effects on the economy
Buklemishev, Oleg V. - In: Population and economics : PE 4 (2020) 2, pp. 13-17
Persistent link: https://ebtypo.dmz1.zbw/10012419039
Saved in:
Cover Image
The scars of supply shocks
Fornaro, Luca; Wolf, Martin - 2020
Persistent link: https://ebtypo.dmz1.zbw/10012317155
Saved in:
Cover Image
Hysteresis and business cycles
Cerra, Valerie; Fatás, Antonio; Saxena, Sweta Chaman - 2020
Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as 'hysteresis,' argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and...
Preview
Preview
Persistent link: https://ebtypo.dmz1.zbw/10012251398
Saved in:
Cover Image
The scars of supply shocks
Fornaro, Luca; Wolf, Martin - 2020
Persistent link: https://ebtypo.dmz1.zbw/10012436824
Saved in:
Cover Image
Testing the hysteresis effect in the US state-level unemployment series
Omay, Tolga; Ozcan, Burcu; Shahbaz, Muhammed - In: Journal of applied economics 23 (2020) 1, pp. 329-348
This paper re-examines the stochastic time series behaviour of the monthly unemployment rate in 50 states of the United States (US) for the period 1976-2017 using a number of state-of-the-art unit root tests. The new developments incorporate structural break, nonlinearity, asymmetry, and...
Persistent link: https://ebtypo.dmz1.zbw/10012257115
Saved in:
Cover Image
The optimal control of infectious diseases via prevention and treatment
Rowthorn, Bob; Toxvaerd, Flavio - 2020
Persistent link: https://ebtypo.dmz1.zbw/10013201737
Saved in:
Cover Image
Lower for longer under endogenous technology growth
Elfsbacka Schmöller, Michaela; Spitzer, Martin - 2022
This paper studies monetary policy strategies under endogenous technology dynamics and low r &#x2217; . Endogenous growth strengthens the gains from make-up strategies relative to inflation targeting, especially if policy space is reduced. This result is due to the long-run non-neutrality of money...
Preview
Preview
Persistent link: https://ebtypo.dmz1.zbw/10013191628
Saved in:
Cover Image
The scarring effects of deep contractions
Aikman, David; Drehmann, Mathias; Juselius, Mikael; … - 2022
We find that deep contractions have highly persistent scarring effects, depressing the level of GDP at least a decade hence. Drawing on a panel of 24 advanced and emerging economies from 1970 to the present, we show that these effects are nonlinear and asymmetric: there is no such persistence...
Preview
Preview
Persistent link: https://ebtypo.dmz1.zbw/10013408678
Saved in:
Cover Image
Supply or demand? Policy makers' confusion in the pesence of hysteresis
Fatás, Antonio; Singh, Sanjay R. - 2022
Policy makers need to separate between temporary demand-driven shocks and permanent shocks in order to design optimal aggregate demand policies. In this paper we study the case of a central bank that ignores the presence of hysteresis when identifying shocks. By assuming that all low-frequency...
Persistent link: https://ebtypo.dmz1.zbw/10013467141
Saved in:
Cover Image
Hysteresis, endogenous growth, and monetary policy
Amador, Sebastián - 2022
I provide evidence of substantial hysteresis (i.e., a situation in which temporary shocks have longrun effects) from monetary shocks on two sources of endogenous growth; human capital and technological adoption. This contribution is the first to test for the presence of this phenomenon in direct...
Persistent link: https://ebtypo.dmz1.zbw/10013467142
Saved in:
Cover Image
Endogenous technology, scarring and fiscal policy
Schmöller, Michaela - 2022
This paper studies fiscal policy in a New Keynesian DSGE model with endogenous technology growth in which scarring can occur endogenously through hysteresis effects in TFP. Both demand- and supply-driven recessions can weaken investment in R&D and technology adoption, thus depressing the...
Preview
Preview
Persistent link: https://ebtypo.dmz1.zbw/10013469563
Saved in:
Cover Image
Lower for longer under endogenous technology growth
Schmöller, Michaela; Spitzer, Martin - 2022
This paper studies monetary policy strategies under endogenous technology dynamics and low r. Endogenous growth strengthens the gains from make-up strategies relative to inflation targeting, especially if policy space is reduced. This result is due to the long-run non-neutrality of money and the...
Preview
Preview
Persistent link: https://ebtypo.dmz1.zbw/10013560989
Saved in:
Cover Image
Analysis of dollarization hysteresis among North Korean consumers
Lee, Jooyung - In: East Asian economic review 26 (2022) 4, pp. 279-304
Persistent link: https://ebtypo.dmz1.zbw/10013567069
Saved in:
Cover Image
Elements of an evolutionary approach to comparative economic studies : complexity, systemism, and path dependent development
Gräbner-Radkowitsch, Claudius - 2022
This chapter delineates an evolutionary approach to the comparative analysis of economic systems and illustrates its usefulness via an exemplary application to recent developments in the European Union. The first part of the chapter describes the meta-theoretical foundations of the approach,...
Persistent link: https://ebtypo.dmz1.zbw/10012818123
Saved in:
Cover Image
Towards a path-transformative heuristic in inclusive innovation initiatives : an exploratory case in rural communities in Colombia
Pinzón Camargo, Mario Andrés; Ordoñez-Matamoros, Gonzalo - In: Innovation and development : RIAD 12 (2022) 1, pp. 135-154
Persistent link: https://ebtypo.dmz1.zbw/10013177358
Saved in:
Cover Image
Unemployment Persistence in Europe Evidence from the 27 EU Countries
Caporale, Guglielmo Maria; Gil-Alana, Luis A.; Trejo, … - 2022
This paper investigates unemployment persistence in the 27 EU member states by applying fractional integration methods to quarterly data (both seasonally adjusted and unadjusted) from 2000q1 to 2020q4. The obtained evidence points to high levels of persistence in all cases. With seasonally...
Persistent link: https://ebtypo.dmz1.zbw/10013322396
Saved in:
Cover Image
Path dependence in administrative adjudication : the role played by legal tradition
Stachowiak-Kudła, Monika; Kudła, Janusz - In: Constitutional political economy 33 (2022) 3, pp. 301-325
Persistent link: https://ebtypo.dmz1.zbw/10013429149
Saved in:
Cover Image
Inflation in the G7 countries : persistence and structural breaks
Caporale, Guglielmo Maria; Gil-Alaña, Luis A.; Poza, Carlos - In: Journal of economics and finance : JEF 46 (2022) 3, pp. 493-506
Persistent link: https://ebtypo.dmz1.zbw/10013442202
Saved in:
Cover Image
Endogenous technology, scarring and fiscal policy
Schmöller, Michaela - 2022
This paper studies fiscal policy in a New Keynesian DSGE model with endogenous technology growth in which scarring can occur endogenously through hysteresis effects in TFP. Both demand- and supply-driven recessions can weaken investment in R&D and technology adoption, thus depressing the...
Preview
Preview
Persistent link: https://ebtypo.dmz1.zbw/10013463787
Saved in:
Cover Image
Long-term unemployment, hysteresis and missing deflation : reconsidering the New-Keynesian approach by means of an 'old' Phillips curve
Romaniello, Davide - 2022
Persistent link: https://ebtypo.dmz1.zbw/10013328609
Saved in:
Cover Image
Monetary policy in a model of growth
Queralto, Albert - 2022
Persistent link: https://ebtypo.dmz1.zbw/10013267932
Saved in:
Cover Image
Searching for hysteresis
Benati, Luca; Lubik, Thomas A. - 2022
Persistent link: https://ebtypo.dmz1.zbw/10013268203
Saved in:
Cover Image
Mental models and institutional inertia
Rosenbaum, Eckehard F. - In: Journal of institutional economics 18 (2022) 3, pp. 361-378
Persistent link: https://ebtypo.dmz1.zbw/10013270039
Saved in:
Cover Image
A Labor Market Sorting Model of Hysteresis and Scarring
Acabbi, Edoardo Maria; Alati, Andrea; Mazzone, Luca - 2022
What are the long-run consequences of business cycle fluctuations for the skill distribution in the labor force? How is the sorting between firms and workers altered by aggregate fluctuations at different stages of the working life? And finally, what are the aggregate effects of changes in...
Persistent link: https://ebtypo.dmz1.zbw/10013291237
Saved in:
Cover Image
A Path Dependent, Non-Anticipative Version of the Ito-Wentzell Formula
Yilmaz, Berkan - 2022
A version of the Ito formula for random semimartingales is proved in the setting of Functional Ito Calculus. The formula is then used to propose a pricing scheme (a pricing PPDE) for derivative contracts whose prices contain an inherent source of uncertainty that is partially correlated with the...
Persistent link: https://ebtypo.dmz1.zbw/10013291244
Saved in:
Cover Image
The roles of KIBS and R&D in the industrial diversification of regions
Content, Jeroen; Cortinovis, Nicola; Frenken, Koen; … - In: The annals of regional science : an international … 68 (2022) 1, pp. 29-64
Persistent link: https://ebtypo.dmz1.zbw/10013167532
Saved in:
Cover Image
Growth cycles in mature and dual economies
Skott, Peter - 2022
Mature economies may experience fl uctuations, but the average medium and long run growth rate matches the natural rate. Like Kaldor's neo-Keynesian models, the Marx-Goodwin tradition explains this outcome by endogenizing the distribution of income and assuming that the accumulation of capital...
Persistent link: https://ebtypo.dmz1.zbw/10013169092
Saved in:
Cover Image
Path dependency, regional variety and the dynamics of new firm creation in rooted and pioneering industries
Corradini, Carlo; Vanino, Enrico - In: Journal of economic geography 22 (2022) 3, pp. 631-651
Persistent link: https://ebtypo.dmz1.zbw/10013253600
Saved in:
Cover Image
Hysteresis and stochastic convergence in Eurozone unemployment rates : evidence from panel unit roots with smooth breaks and asymmetric dynamics
Corakci, Aysegul; Omay, Tolga; Hasanov, Mübariz - In: Oeconomia Copernicana 13 (2022) 1, pp. 11-55
Persistent link: https://ebtypo.dmz1.zbw/10013255717
Saved in:
Cover Image
Hysteresis in Unemployment : Evidence from OECD Estimates of the Natural Rate
Ball, Laurence; Onken, Joern - 2022
This paper studies the dynamics of unemployment (u) and its natural rate (u*), with u* measured by real-time estimates for 29 countries from the OECD. We find strong evidence of hysteresis: an innovation in u causes u* to change in the same direction, and therefore has permanent effects. For our...
Persistent link: https://ebtypo.dmz1.zbw/10013294741
Saved in:
Cover Image
Non-Linear Hysteresis in La-Doped Ferrites for Advanced Electronics
Kamran, M.; Anis-ur-Rehman, M. - 2022
Lanthanum-doped cobalt ferrite Nanoparticles with composition CoLa x Fe 2−x O 4 , (x=0.00–0.20) were synthesized by a co-precipitation method. X-ray diffraction (XRD) confirm the formation of single-phase spinel structure for all synthesized samples. The result of Lanthanum doping on...
Persistent link: https://ebtypo.dmz1.zbw/10013305157
Saved in:
Cover Image
Insider-Outsider Labor Markets, Hysteresis and Monetary Policy
Galí, Jordi - 2022
I develop a version of the New Keynesian model with insider-outsider labor markets and hysteresis that can account for the high persistence of European unemployment. I study the implications of that environment for the design of monetary policy. The optimal policy calls for strong emphasis on...
Persistent link: https://ebtypo.dmz1.zbw/10013307599
Saved in:
Cover Image
Persistent Trade Effects of Large Exchage Rate Shocks
Baldwin, Richard E.; Krugman, Paul R. - 2022
This paper presents a theoretical basis fcr the srgunent that large exchange rate shocks - such as the rise of the dollar from 1980 to 1985 - may shift historical relationships between exchange rates and trade flows. We begin with partial models in which large exchange rate fluctuations lead to...
Persistent link: https://ebtypo.dmz1.zbw/10013309588
Saved in:
Cover Image
Volatility Is (Mostly) Path-Dependent
Guyon, Julien; Lekeufack, Jordan - 2022
We learn from data that volatility is mostly path-dependent: at least 85-90% of the variance of the implied volatility of equity indexes is explained endogenously by past index returns, and around 60% for (noisy estimates of) future daily realized volatility. The path-dependency that we uncover...
Persistent link: https://ebtypo.dmz1.zbw/10013403700
Saved in:
Cover Image
Institutions Matter : Financial Supervision Architecture, Central Bank and Path Dependence. General Trends and the South Eastern European Countries
Masciandaro, Donato; Quintyn, Marc - 2022
We propose a path dependence approach to analyze the evolution of the financial supervisory architecture, focusing on the institutional role of the central bank, and then apply our framework to describe the institutional settings in a selected sample of countries. The policymaker who decides to...
Persistent link: https://ebtypo.dmz1.zbw/10013404446
Saved in:
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • Next
  • Last
A service of the
zbw
  • Sitemap
  • Plain language
  • Accessibility
  • Contact us
  • Imprint
  • Privacy

Loading...