Journal of Economic Asymmetries最新文献_第7页

Balance sheet expansionary policies in the euro area: Macroeconomic impacts and a vulnerable versus non-vulnerable comparison 欧元区的资产负债表扩张政策：宏观经济影响以及脆弱与非脆弱的比较

Journal of Economic Asymmetries Pub Date : 2024-05-15 DOI: 10.1016/j.jeca.2024.e00366

Francisco Gomes-Pereira

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Exploring inflation dynamics in Canada: A threshold vector autoregressive approach 探索加拿大的通货膨胀动态：阈值向量自回归方法

Journal of Economic Asymmetries Pub Date : 2024-05-11 DOI: 10.1016/j.jeca.2024.e00364

Yiguo Sun , Anastasia Dimiski

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Price linkages in major EU virgin olive oil markets 欧盟主要初榨橄榄油市场的价格联系

Journal of Economic Asymmetries Pub Date : 2024-05-03 DOI: 10.1016/j.jeca.2024.e00360

Pamela Theofanous , Ourania Tremma

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Asymmetric effects of uncertainty on investment: Empirical evidence from India 不确定性对投资的不对称影响：印度的经验证据

Journal of Economic Asymmetries Pub Date : 2024-04-23 DOI: 10.1016/j.jeca.2024.e00359

Masudul Hasan Adil , Amrita Roy

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Do retail-oriented banks have less non-performing loans? 以零售为导向的银行的不良贷款少吗？

Journal of Economic Asymmetries Pub Date : 2024-04-16 DOI: 10.1016/j.jeca.2024.e00358

Matteo Farnè , Angelos Vouldis

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Forecasting downside and upside realized volatility: The role of asymmetric information 预测下行和上行已实现波动率：不对称信息的作用

Journal of Economic Asymmetries Pub Date : 2024-02-29 DOI: 10.1016/j.jeca.2024.e00357

Daiki Maki

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The double sustainability: The link between government debt and renewable energy 双重可持续性：政府债务与可再生能源之间的联系

Journal of Economic Asymmetries Pub Date : 2024-02-23 DOI: 10.1016/j.jeca.2024.e00356

Monica Auteri , Marco Mele , Isabella Ruble , Cosimo Magazzino

{"title":"The double sustainability: The link between government debt and renewable energy","authors":"Monica Auteri , Marco Mele , Isabella Ruble , Cosimo Magazzino","doi":"10.1016/j.jeca.2024.e00356","DOIUrl":"https://doi.org/10.1016/j.jeca.2024.e00356","url":null,"abstract":"<div><p>This paper innovatively explores the relationship between a country’s government debt and the use of renewable energy. Incorporating key socio-economic and financial variables, critical to the United Nations SDG-7, we build a panel dataset for G7 countries from 1990-2021. Using cointegrating regression methods (FMOLS and DOLS), Quantile Regressions (QR) and pairwise panel causality tests, we find bidirectional causality between government debt and renewable energy consumption (REC). The empirical findings emphasize the important policy implications for sustainable economic development. Escalating government debt can hinder investment in renewable energy infrastructure, while increased renewable energy has a positive impact on government debt dynamics. Policymakers are encouraged to prioritize fiscal responsibility to secure resources for renewable energy investments. Moreover, incentivizing renewable energy deployment promotes long-term fiscal benefits and creates a positive feedback loop. In fact, a comprehensive understanding of the relationship between government finances and environmental sustainability is crucial for an optimal balance.</p></div>","PeriodicalId":38259,"journal":{"name":"Journal of Economic Asymmetries","volume":"29 ","pages":"Article e00356"},"PeriodicalIF":0.0,"publicationDate":"2024-02-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1703494924000057/pdfft?md5=92407064fda91a6abdbc2b499d3e39b2&pid=1-s2.0-S1703494924000057-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139942324","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Banking behaviour and political business cycle in Africa: The role of independent regulatory policies of the central bank 非洲的银行行为和政治商业周期：中央银行独立监管政策的作用

Journal of Economic Asymmetries Pub Date : 2024-02-22 DOI: 10.1016/j.jeca.2024.e00355

Daniel Ofori-Sasu , Elikplimi Komla Agbloyor , Dennis Nsafoah , Simplice A. Asongu

{"title":"Banking behaviour and political business cycle in Africa: The role of independent regulatory policies of the central bank","authors":"Daniel Ofori-Sasu , Elikplimi Komla Agbloyor , Dennis Nsafoah , Simplice A. Asongu","doi":"10.1016/j.jeca.2024.e00355","DOIUrl":"https://doi.org/10.1016/j.jeca.2024.e00355","url":null,"abstract":"<div><p>This study examines the effect of regulatory independence of the central bank in shaping the impact of electoral cycles on bank lending behaviour in Africa. It employs the dynamic system Generalized Method of Moments (SGMM) Two-Step estimator for a panel dataset of 54 African countries over the period, 2004–2022. The study found that banks lend substantially higher during election years, and reduce lending patterns thereafter. The study shows that countries that enforce monetary policy autonomy of the central bank induce a negative impact on bank lending behaviour while those that apply strong macro-prudential independent action and central bank independence reduce lending in the long term. The study provides evidence to support that regulatory independence of the central bank dampens the positive effect of elections on bank lending around election years while they amplify the reductive effects on bank lending after election periods. There is a wake-up call for countries with weak independent central bank regulatory policy to strengthen their independent regulatory policy frameworks and political institutions. This will enable them better strategize to yield a desirable outcome of bank lending to the real economy during election years.</p></div>","PeriodicalId":38259,"journal":{"name":"Journal of Economic Asymmetries","volume":"29 ","pages":"Article e00355"},"PeriodicalIF":0.0,"publicationDate":"2024-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139936097","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}

引用次数: 0

Editors’ introduction 编辑导言

Journal of Economic Asymmetries Pub Date : 2024-02-01 DOI: 10.1016/j.jeca.2024.e00353

George Alogoskoufis , Thanasis Stengos

引用次数: 0

Asymmetric impacts of U.S. monetary policy on emerging markets: Contagion and macroeconomic determinants 美国货币政策对新兴市场的不对称影响：蔓延和宏观经济决定因素

Journal of Economic Asymmetries Pub Date : 2024-01-24 DOI: 10.1016/j.jeca.2024.e00354

Chokri Zehri , Zagros Madjd-Sadjadi , Latifa Saleh Iben Ammar

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引用次数: 0