Search
Now showing items 1-10 of 10
Title:Trade wars : nobody expects the Spanish Inquisition Author(s):BEKKERS, Eddy; FRANCOIS, Joseph; NELSON, Douglas
; ROJAS-ROMAGOSA, HugoDate:2019Type:Working PaperSeries/Number:EUI RSCAS; 2019/62; Global Governance Programme-357; [Global Economics]Abstract:This paper assesses the utility of economic theory of rational trade wars to predict such events or to prescribe courses of action to control their consequences. Trade wars are fundamentally political events whose causes ...
; ROJAS-ROMAGOSA, HugoDate:2019Type:Working PaperSeries/Number:EUI RSCAS; 2019/62; Global Governance Programme-357; [Global Economics]Abstract:This paper assesses the utility of economic theory of rational trade wars to predict such events or to prescribe courses of action to control their consequences. Trade wars are fundamentally political events whose causes ...
Title:The macroeconomic effects of quantitative easing in the Euro area : evidence from an estimated DSGE model Author(s):HOHBERGER, Stefan; PRIFTIS, Romanos; VOGEL, LukasDate:2017Type:Working PaperSeries/Number:EUI ECO; 2017/04Abstract:This paper analyses the macroeconomic effects of the ECB's quantitative easing programme using an open-economy DSGE model estimated with Bayesian techniques. Using data on government debt stocks and yields across maturities ...
; VOGEL, LukasDate:2017Type:Working PaperSeries/Number:EUI ECO; 2017/04Abstract:This paper analyses the macroeconomic effects of the ECB's quantitative easing programme using an open-economy DSGE model estimated with Bayesian techniques. Using data on government debt stocks and yields across maturities ...
Title:Three essays on open economy macroeconomics Author(s):DE ALMEIDA BANDEIRA, GuilhermeDate:2016Citation:
- Florence : European University Institute, 2016
Type:ThesisSeries/Number:EUI PhD theses; Department of EconomicsAbstract:This thesis consists of three papers on open economy macroeconomics. The first paper investigates the welfare implications of a fiscal transfer rule between members of a monetary union. I build a two-country model where ...
Date:2016Citation:
Title:Fiscal policy in the Great Recession Author(s):PRIFTIS, RomanosDate:2015Citation:
- Florence : European University Institute, 2015
Type:ThesisSeries/Number:EUI PhD theses; Department of EconomicsAbstract:This thesis investigates three questions on fiscal policy that have gained importance in the recent turbulent times of general economic decline, labelled as the Great Recession. The first chapter examines how government ...
Date:2015Citation:
Title:The banking and distribution sectors in a small open economy DSGE model Author(s):DEÁK, Szabolcs; FONTAGNÉ, Lionel; MAFFEZZOLI, Marco; MARCELLINO, MassimilianoDate:2012Type:Working PaperSeries/Number:Bocconi University; IGIER Working Paper; 2012/454
Date:2012Type:Working PaperSeries/Number:Bocconi University; IGIER Working Paper; 2012/454
Title:An Estimated DSGE Model of a Small Open Economy within the Monetary Union: Forecasting and structural analysis Author(s):MARCELLINO, Massimiliano; RYCHALOVSKA, YuliyaDate:2012Type:Working PaperSeries/Number:EUI RSCAS; 2012/34; Pierre Werner Chair Programme on Monetary UnionAbstract:In this paper we lay out a two-region DSGE model of an open economy within the European Monetary Union. The model, which is built in the New Keynesian tradition, contains real and nominal rigidities such as habit formation ...
; RYCHALOVSKA, YuliyaDate:2012Type:Working PaperSeries/Number:EUI RSCAS; 2012/34; Pierre Werner Chair Programme on Monetary UnionAbstract:In this paper we lay out a two-region DSGE model of an open economy within the European Monetary Union. The model, which is built in the New Keynesian tradition, contains real and nominal rigidities such as habit formation ...
Title:The Banking and Distribution Sectors in a Small Open Economy DSGE Model Author(s):DEÁK, Szabolcs; FONTAGNÉ, Lionel; MAFFEZZOLI, Marco; MARCELLINO, MassimilianoDate:2012Type:Working PaperSeries/Number:EUI RSCAS; 2012/53; Pierre Werner Chair Programme on Monetary UnionAbstract:The recent crisis has emphasized the role of financial - macroeconomic interactions, and international trade in goods and services, in the transmission of the shocks. Both phenomena, closely related to the higher degree ...
Date:2012Type:Working PaperSeries/Number:EUI RSCAS; 2012/53; Pierre Werner Chair Programme on Monetary UnionAbstract:The recent crisis has emphasized the role of financial - macroeconomic interactions, and international trade in goods and services, in the transmission of the shocks. Both phenomena, closely related to the higher degree ...
Title:Common Drifting Volatility in Large Bayesian VARs Author(s):CARRIERO, Andrea; CLARK, Todd E.; MARCELLINO, MassimilianoDate:2012Type:Working PaperSeries/Number:EUI ECO; 2012/08Abstract:The estimation of large Vector Autoregressions with stochastic volatility using standard methods is computationally very demanding. In this paper we propose to model conditional volatilities as driven by a single common ...
Date:2012Type:Working PaperSeries/Number:EUI ECO; 2012/08Abstract:The estimation of large Vector Autoregressions with stochastic volatility using standard methods is computationally very demanding. In this paper we propose to model conditional volatilities as driven by a single common ...