Matches in SemOpenAlex for { <https://semopenalex.org/work/W1601731639> ?p ?o ?g. }
- W1601731639 abstract "Empirical modelling of the international linkages between the Euro Area and the US requires an open economy specification. This paper proposes and implements a structural VECM framework which imposes long run and short run cross-economy restrictions based on theoretically motivated restrictions and empirically supported dominance assumptions. The SVECM distinguishes between permanent and temporary shocks in a system where one cross-economy cointegrating relationship links output levels. In addition, the short run dynamics incorporate both contemporaneous interactions and feedbacks between the two economies. Importantly, greater empirical coherence is obtained by allowing for more direct inflationary effects between the two economies than considered in other recent analyses. Estimated using data from 1983Q1 to 2007Q4, the results demonstrate the cross-country impact of shocks. Although US shocks generally produce stronger effects, nevertheless some shocks originating in the Euro Area have significant effects on the US, particularly for inflation and interest rates." @default.
- W1601731639 created "2016-06-24" @default.
- W1601731639 creator A5001689232 @default.
- W1601731639 creator A5028286627 @default.
- W1601731639 date "2009-09-01" @default.
- W1601731639 modified "2023-09-27" @default.
- W1601731639 title "Modelling International Linkages for Large Open Economies: US and Euro Area" @default.
- W1601731639 cites W1492494577 @default.
- W1601731639 cites W1505551547 @default.
- W1601731639 cites W1539879705 @default.
- W1601731639 cites W1587744912 @default.
- W1601731639 cites W1968180854 @default.
- W1601731639 cites W1972473730 @default.
- W1601731639 cites W1973412925 @default.
- W1601731639 cites W1979483646 @default.
- W1601731639 cites W1979928514 @default.
- W1601731639 cites W2003759958 @default.
- W1601731639 cites W2011602188 @default.
- W1601731639 cites W2012719728 @default.
- W1601731639 cites W2020096197 @default.
- W1601731639 cites W2057493144 @default.
- W1601731639 cites W2100641458 @default.
- W1601731639 cites W2100945869 @default.
- W1601731639 cites W2103040003 @default.
- W1601731639 cites W2109026940 @default.
- W1601731639 cites W2123547654 @default.
- W1601731639 cites W2130783080 @default.
- W1601731639 cites W2154427296 @default.
- W1601731639 cites W2169493388 @default.
- W1601731639 cites W2169562755 @default.
- W1601731639 cites W2892332345 @default.
- W1601731639 cites W3121956349 @default.
- W1601731639 cites W3122128558 @default.
- W1601731639 cites W3122297279 @default.
- W1601731639 cites W3123062379 @default.
- W1601731639 cites W3123448414 @default.
- W1601731639 cites W3123460923 @default.
- W1601731639 cites W3123538498 @default.
- W1601731639 cites W3123611915 @default.
- W1601731639 cites W3123711277 @default.
- W1601731639 cites W3123788646 @default.
- W1601731639 cites W3124064065 @default.
- W1601731639 cites W3124097536 @default.
- W1601731639 cites W3124510823 @default.
- W1601731639 cites W3124765495 @default.
- W1601731639 cites W3124826134 @default.
- W1601731639 cites W3124939065 @default.
- W1601731639 cites W3125162238 @default.
- W1601731639 cites W3125925197 @default.
- W1601731639 cites W3146517987 @default.
- W1601731639 cites W1996172606 @default.
- W1601731639 hasPublicationYear "2009" @default.
- W1601731639 type Work @default.
- W1601731639 sameAs 1601731639 @default.
- W1601731639 citedByCount "1" @default.
- W1601731639 crossrefType "posted-content" @default.
- W1601731639 hasAuthorship W1601731639A5001689232 @default.
- W1601731639 hasAuthorship W1601731639A5028286627 @default.
- W1601731639 hasConcept C104317684 @default.
- W1601731639 hasConcept C111472728 @default.
- W1601731639 hasConcept C120936955 @default.
- W1601731639 hasConcept C121332964 @default.
- W1601731639 hasConcept C126285488 @default.
- W1601731639 hasConcept C136264566 @default.
- W1601731639 hasConcept C138885662 @default.
- W1601731639 hasConcept C139719470 @default.
- W1601731639 hasConcept C149782125 @default.
- W1601731639 hasConcept C151913843 @default.
- W1601731639 hasConcept C162324750 @default.
- W1601731639 hasConcept C185592680 @default.
- W1601731639 hasConcept C200941418 @default.
- W1601731639 hasConcept C2776988154 @default.
- W1601731639 hasConcept C2777883944 @default.
- W1601731639 hasConcept C2778135664 @default.
- W1601731639 hasConcept C33332235 @default.
- W1601731639 hasConcept C55493867 @default.
- W1601731639 hasConcept C556758197 @default.
- W1601731639 hasConceptScore W1601731639C104317684 @default.
- W1601731639 hasConceptScore W1601731639C111472728 @default.
- W1601731639 hasConceptScore W1601731639C120936955 @default.
- W1601731639 hasConceptScore W1601731639C121332964 @default.
- W1601731639 hasConceptScore W1601731639C126285488 @default.
- W1601731639 hasConceptScore W1601731639C136264566 @default.
- W1601731639 hasConceptScore W1601731639C138885662 @default.
- W1601731639 hasConceptScore W1601731639C139719470 @default.
- W1601731639 hasConceptScore W1601731639C149782125 @default.
- W1601731639 hasConceptScore W1601731639C151913843 @default.
- W1601731639 hasConceptScore W1601731639C162324750 @default.
- W1601731639 hasConceptScore W1601731639C185592680 @default.
- W1601731639 hasConceptScore W1601731639C200941418 @default.
- W1601731639 hasConceptScore W1601731639C2776988154 @default.
- W1601731639 hasConceptScore W1601731639C2777883944 @default.
- W1601731639 hasConceptScore W1601731639C2778135664 @default.
- W1601731639 hasConceptScore W1601731639C33332235 @default.
- W1601731639 hasConceptScore W1601731639C55493867 @default.
- W1601731639 hasConceptScore W1601731639C556758197 @default.
- W1601731639 hasLocation W16017316391 @default.
- W1601731639 hasOpenAccess W1601731639 @default.
- W1601731639 hasPrimaryLocation W16017316391 @default.
- W1601731639 hasRelatedWork W1495448946 @default.