Author: Kevalin WangpichayasukPublisher:
ISBN:
Category : Monetary policies
Languages : en
Pages : 206
Book Description
Asymmetric Effects of Monetary Policy Shocks
Author: Kevalin WangpichayasukPublisher:
ISBN:
Category : Monetary policies
Languages : en
Pages : 206
Book Description
Monthly Review - Federal Reserve Bank of St. Louis
Author: Federal Reserve Bank of St. LouisPublisher:
ISBN:
Category : Middle West
Languages : en
Pages : 268
Book Description
Review
Author: Monthly Report on General Business and Agricultural Conditions in Federal Reserve District No. 8
Author: A Note on the Power of Money-output Causality Tests
Author: Yin-Wong CheungPublisher:
ISBN:
Category : Money supply
Languages : en
Pages : 28
Book Description
Zagreb Journal of Economics
Author: Annals of Economics and Finance
Author: Nonlinear Time Series Analysis
Author: Ruey S. TsayPublisher: John Wiley & Sons
ISBN: 1119264065
Category : Mathematics
Languages : en
Pages : 516
Book Description
A comprehensive resource that draws a balance between theory and applications of nonlinear time series analysis Nonlinear Time Series Analysis offers an important guide to both parametric and nonparametric methods, nonlinear state-space models, and Bayesian as well as classical approaches to nonlinear time series analysis. The authors—noted experts in the field—explore the advantages and limitations of the nonlinear models and methods and review the improvements upon linear time series models. The need for this book is based on the recent developments in nonlinear time series analysis, statistical learning, dynamic systems and advanced computational methods. Parametric and nonparametric methods and nonlinear and non-Gaussian state space models provide a much wider range of tools for time series analysis. In addition, advances in computing and data collection have made available large data sets and high-frequency data. These new data make it not only feasible, but also necessary to take into consideration the nonlinearity embedded in most real-world time series. This vital guide: • Offers research developed by leading scholars of time series analysis • Presents R commands making it possible to reproduce all the analyses included in the text • Contains real-world examples throughout the book • Recommends exercises to test understanding of material presented • Includes an instructor solutions manual and companion website Written for students, researchers, and practitioners who are interested in exploring nonlinearity in time series, Nonlinear Time Series Analysis offers a comprehensive text that explores the advantages and limitations of the nonlinear models and methods and demonstrates the improvements upon linear time series models.
International Dimensions of Monetary Policy
Author: Jordi GalíPublisher: University of Chicago Press
ISBN: 0226278875
Category : Business & Economics
Languages : en
Pages : 663
Book Description
United States monetary policy has traditionally been modeled under the assumption that the domestic economy is immune to international factors and exogenous shocks. Such an assumption is increasingly unrealistic in the age of integrated capital markets, tightened links between national economies, and reduced trading costs. International Dimensions of Monetary Policy brings together fresh research to address the repercussions of the continuing evolution toward globalization for the conduct of monetary policy. In this comprehensive book, the authors examine the real and potential effects of increased openness and exposure to international economic dynamics from a variety of perspectives. Their findings reveal that central banks continue to influence decisively domestic economic outcomes—even inflation—suggesting that international factors may have a limited role in national performance. International Dimensions of Monetary Policy will lead the way in analyzing monetary policy measures in complex economies.
Essays in International Finance and Macroeconomics
Author: Eiji FujiiPublisher:
ISBN:
Category : International finance
Languages : en
Pages : 242
Book Description
Each of the three essays composing this dissertation investigates important economic and econometric issues in international finance and macroeconomics. The first essay, “Market Structure and the Persistence of Sectoral Deviations from Purchasing Power Parity,” examines the relationship between market structure and the persistence of the dollar-based sectoral real exchange rates for fourteen OECD countries. The empirical results based on disaggregated data suggest that differences in market structure significantly determine the rates at which deviations from sectoral purchasing power parity decay. Based on the findings, I argue that an imperfectly competitive market structure is an important source of the well-documented persistence in real exchange rates.