{"title":"Do Fiscal Regimes Matter for Fiscal Sustainability in South Africa? A Markov-Switching Approach","authors":"Gabriel Temesgen Woldu","doi":"10.3790/aeq.68.1.53","DOIUrl":"https://doi.org/10.3790/aeq.68.1.53","url":null,"abstract":"","PeriodicalId":36978,"journal":{"name":"Applied Economics Quarterly","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48298306","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Exchange Rate Pass-Through, Inflation, and Monetary Policy in Egypt","authors":"Athar Elnagger, Christian R. Richter","doi":"10.3790/aeq.68.1.1","DOIUrl":"https://doi.org/10.3790/aeq.68.1.1","url":null,"abstract":"","PeriodicalId":36978,"journal":{"name":"Applied Economics Quarterly","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43550498","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Social and Solidarity Economy in Morocco: Cooperatives’ Behavior and Growth","authors":"Najat El Mekkaoui, Sara Loukili","doi":"10.3790/aeq.68.1.37","DOIUrl":"https://doi.org/10.3790/aeq.68.1.37","url":null,"abstract":"","PeriodicalId":36978,"journal":{"name":"Applied Economics Quarterly","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42200542","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Whose Policy Uncertainty Matters in the Trade between Germany and the United States: An Asymmetric Analysis","authors":"Mohsen Bahmani‐Oskooee, Ridha Nouira, Sami Saafi","doi":"10.3790/aeq.67.4.287","DOIUrl":"https://doi.org/10.3790/aeq.67.4.287","url":null,"abstract":"","PeriodicalId":36978,"journal":{"name":"Applied Economics Quarterly","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48537717","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
J. Leventides, E. Melas, C. Poulios, P. Boufounou, Rena Artemis Leventides
{"title":"Designing GDP-Linked Bonds with Default","authors":"J. Leventides, E. Melas, C. Poulios, P. Boufounou, Rena Artemis Leventides","doi":"10.3790/aeq.67.4.311","DOIUrl":"https://doi.org/10.3790/aeq.67.4.311","url":null,"abstract":"","PeriodicalId":36978,"journal":{"name":"Applied Economics Quarterly","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45192830","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Role of Air Pollution and Income in Public Health in OECD Countries","authors":"Massidda, Carla","doi":"10.3790/aeq.67.3.225","DOIUrl":"https://doi.org/10.3790/aeq.67.3.225","url":null,"abstract":"","PeriodicalId":36978,"journal":{"name":"Applied Economics Quarterly","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45274831","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Gordo, Esther, Casey, Eddie, Oliinyk, Inna, De Groen, Ramos Carrasco,, Jolovski, James
{"title":"The Role of Independent Fiscal Institutions in Assessing the Sustainability of High Public Debt","authors":"Gordo, Esther, Casey, Eddie, Oliinyk, Inna, De Groen, Ramos Carrasco,, Jolovski, James","doi":"10.3790/aeq.67.3.199","DOIUrl":"https://doi.org/10.3790/aeq.67.3.199","url":null,"abstract":"","PeriodicalId":36978,"journal":{"name":"Applied Economics Quarterly","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2021-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46339153","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
We consider the short-run and the long-run effects of the real Turkish Lira-Euro rate on the trade balance of each of the 64 industries that trade between Turkey and Germany. We find relatively more significant effects by estimating a nonlinear ARDL model for each industry. Indeed, the approach of separating currency depreciation from appreciation identified the five largest Turkish industries that engage in more than 50 % of the trade between these two countries and that benefitted from Turkish Lira depreciation against the Euro.
{"title":"Turkish-German Commodity Trade and Asymmetric J-Curve","authors":"Mohsen Bahmani‐Oskooee, H. Karamelikli","doi":"10.3790/AEQ.66.2.93","DOIUrl":"https://doi.org/10.3790/AEQ.66.2.93","url":null,"abstract":"We consider the short-run and the long-run effects of the real Turkish Lira-Euro rate on the trade balance of each of the 64 industries that trade between Turkey and Germany. We find relatively more significant effects by estimating a nonlinear ARDL model for each industry. Indeed, the approach of separating currency depreciation from appreciation identified the five largest Turkish industries that engage in more than 50 % of the trade between these two countries and that benefitted from Turkish Lira depreciation against the Euro.","PeriodicalId":36978,"journal":{"name":"Applied Economics Quarterly","volume":"66 1","pages":"93-129"},"PeriodicalIF":0.0,"publicationDate":"2020-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48371493","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In this paper we investigate “the” uncertainty caused by the 2016 Brexit referendum. In particular, we analyse whether the referendum in itself had a noticeable impact on expectations/behaviour of market participants. To investigate this, we analyse two survey-based indicators and a financial variable, namely the consumer confidence index, the economic policy uncertainty index and the GBP/Euro exchange rate. In the first step we estimate the law of motion of these variables using a state-space model in the time domain. In the second step, we transfer these results into the frequency domain. We find that certain indicators changed very soon after the referendum whilst other indicators reacted to the referendum by changing their medium and long-term behaviour. For those variables it is clear that the short-term reaction to any shock is fairly limited leading to the wrong conclusion that the referendum did not have any impact on them. In fact, the impact will only be seen much later than the original shock. In the opposite case, the wrong conclusion is that the reaction to the referendum is only visible in the short term, but not in the long-run. Therefore, we highlight that the dynamics caused by the referendum are of complex nature which may yet have to materialise. That implies that negative consequences of the referendum alone (never mind the actual Brexit) will only become visible well after the referendum by which time they may not be associated with the referendum anymore. However, we also show that there are short term consequences of the referendum.
{"title":"On the Uncertainty Caused by the Referendum on Brexit","authors":"Christian R. Richter, S. Roy-Mukherjee","doi":"10.3790/AEQ.66.2.145","DOIUrl":"https://doi.org/10.3790/AEQ.66.2.145","url":null,"abstract":"In this paper we investigate “the” uncertainty caused by the 2016 Brexit referendum. In particular, we analyse whether the referendum in itself had a noticeable impact on expectations/behaviour of market participants. To investigate this, we analyse two survey-based indicators and a financial variable, namely the consumer confidence index, the economic policy uncertainty index and the GBP/Euro exchange rate. In the first step we estimate the law of motion of these variables using a state-space model in the time domain. In the second step, we transfer these results into the frequency domain. We find that certain indicators changed very soon after the referendum whilst other indicators reacted to the referendum by changing their medium and long-term behaviour. For those variables it is clear that the short-term reaction to any shock is fairly limited leading to the wrong conclusion that the referendum did not have any impact on them. In fact, the impact will only be seen much later than the original shock. In the opposite case, the wrong conclusion is that the reaction to the referendum is only visible in the short term, but not in the long-run. Therefore, we highlight that the dynamics caused by the referendum are of complex nature which may yet have to materialise. That implies that negative consequences of the referendum alone (never mind the actual Brexit) will only become visible well after the referendum by which time they may not be associated with the referendum anymore. However, we also show that there are short term consequences of the referendum.","PeriodicalId":36978,"journal":{"name":"Applied Economics Quarterly","volume":"66 1","pages":"145-164"},"PeriodicalIF":0.0,"publicationDate":"2020-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48210407","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：