Matches in SemOpenAlex for { <https://semopenalex.org/work/W3143773259> ?p ?o ?g. }
Showing items 1 to 73 of
73
with 100 items per page.
- W3143773259 abstract "The thesis consists of three essays on real and financial effects of uncertainty shocks. The first chapter investigates two different news-based uncertainty indices, Economic Policy Uncertainty Index (EPU) and Relative Sentiment Shift Index (RSS). I employ reduced form VAR and local projections (Jorda, 2005) to explore the differences in wait-and-see effect of uncertainty on the real economy. Surprises in either index lead to significant declines in production and employment and the effect is larger and persistent in the case of RSS shocks than EPU. In the second chapter, the probabilistic approach is applied to uncover the dependence structure in inflation uncertainty for the countries bordering a major currency area, the UK and the euro area. Inflation uncertainty is measured by the conditional volatility removing entire forecastable variations by bivariate VAR GARCH model and joint distribution of uncertainties of two regions is estimated by using copula to account for non-linear association. The results show that the left tail events of inflation are positively correlated between the two regions. This implies that the appropriate monetary policy can be drawn if policymakers consider the interconnectedness of the deflationary pressures. Finally, the third chapter examines the long run relationship between gross capital flow and its determinants, focusing on the impact of uncertainty as global and contagion factors. I apply bounds testing approach by Pesaran, Shin, and Smith (2001) allowing for he underlying regressors being either I(0), I(1) or mutually cointegrated. Both gross capital inflows and outflows exhibit significant level relationship with global, contagion and domestic factors and uncertainty spillovers through financial linkages between the UK and the euro area play crucial role in predicting capital flows of the UK." @default.
- W3143773259 created "2021-04-13" @default.
- W3143773259 creator A5054599908 @default.
- W3143773259 date "2017-01-01" @default.
- W3143773259 modified "2023-09-22" @default.
- W3143773259 title "Three essays on uncertainty: real and financial effects of uncertainty shocks" @default.
- W3143773259 hasPublicationYear "2017" @default.
- W3143773259 type Work @default.
- W3143773259 sameAs 3143773259 @default.
- W3143773259 citedByCount "0" @default.
- W3143773259 crossrefType "posted-content" @default.
- W3143773259 hasAuthorship W3143773259A5054599908 @default.
- W3143773259 hasConcept C105795698 @default.
- W3143773259 hasConcept C121332964 @default.
- W3143773259 hasConcept C126285488 @default.
- W3143773259 hasConcept C136764020 @default.
- W3143773259 hasConcept C149782125 @default.
- W3143773259 hasConcept C162324750 @default.
- W3143773259 hasConcept C17618745 @default.
- W3143773259 hasConcept C200941418 @default.
- W3143773259 hasConcept C23922673 @default.
- W3143773259 hasConcept C2777382242 @default.
- W3143773259 hasConcept C33332235 @default.
- W3143773259 hasConcept C33923547 @default.
- W3143773259 hasConcept C41008148 @default.
- W3143773259 hasConcept C556758197 @default.
- W3143773259 hasConcept C64341305 @default.
- W3143773259 hasConcept C8112001 @default.
- W3143773259 hasConcept C91602232 @default.
- W3143773259 hasConceptScore W3143773259C105795698 @default.
- W3143773259 hasConceptScore W3143773259C121332964 @default.
- W3143773259 hasConceptScore W3143773259C126285488 @default.
- W3143773259 hasConceptScore W3143773259C136764020 @default.
- W3143773259 hasConceptScore W3143773259C149782125 @default.
- W3143773259 hasConceptScore W3143773259C162324750 @default.
- W3143773259 hasConceptScore W3143773259C17618745 @default.
- W3143773259 hasConceptScore W3143773259C200941418 @default.
- W3143773259 hasConceptScore W3143773259C23922673 @default.
- W3143773259 hasConceptScore W3143773259C2777382242 @default.
- W3143773259 hasConceptScore W3143773259C33332235 @default.
- W3143773259 hasConceptScore W3143773259C33923547 @default.
- W3143773259 hasConceptScore W3143773259C41008148 @default.
- W3143773259 hasConceptScore W3143773259C556758197 @default.
- W3143773259 hasConceptScore W3143773259C64341305 @default.
- W3143773259 hasConceptScore W3143773259C8112001 @default.
- W3143773259 hasConceptScore W3143773259C91602232 @default.
- W3143773259 hasLocation W31437732591 @default.
- W3143773259 hasOpenAccess W3143773259 @default.
- W3143773259 hasPrimaryLocation W31437732591 @default.
- W3143773259 hasRelatedWork W2142390022 @default.
- W3143773259 hasRelatedWork W2234749618 @default.
- W3143773259 hasRelatedWork W2368729424 @default.
- W3143773259 hasRelatedWork W2472477759 @default.
- W3143773259 hasRelatedWork W2783445349 @default.
- W3143773259 hasRelatedWork W2787112965 @default.
- W3143773259 hasRelatedWork W2904734144 @default.
- W3143773259 hasRelatedWork W2954011125 @default.
- W3143773259 hasRelatedWork W2966293957 @default.
- W3143773259 hasRelatedWork W3001168398 @default.
- W3143773259 hasRelatedWork W3121355585 @default.
- W3143773259 hasRelatedWork W3123039204 @default.
- W3143773259 hasRelatedWork W3125573284 @default.
- W3143773259 hasRelatedWork W3125792458 @default.
- W3143773259 hasRelatedWork W3125818023 @default.
- W3143773259 hasRelatedWork W3126399752 @default.
- W3143773259 hasRelatedWork W3143536152 @default.
- W3143773259 hasRelatedWork W3167209075 @default.
- W3143773259 hasRelatedWork W3181941653 @default.
- W3143773259 hasRelatedWork W3210641825 @default.
- W3143773259 isParatext "false" @default.
- W3143773259 isRetracted "false" @default.
- W3143773259 magId "3143773259" @default.
- W3143773259 workType "article" @default.