Empirica最新文献_第9页

Finance, growth and (macro)prudential policy: European evidence 金融、增长和(宏观)审慎政策:欧洲证据

IF 1.3 4区经济学

Empirica Pub Date : 2022-04-02 DOI: 10.1007/s10663-022-09537-w

Martin Hodula, Ngoc Anh Ngo

引用次数: 1

Long-run dynamics between trade liberalization and income inequality in the European Union: a second generation approach 欧盟贸易自由化与收入不平等之间的长期动态：第二代方法

IF 1.3 4区经济学

Empirica Pub Date : 2022-04-01 DOI: 10.1007/s10663-022-09539-8

Mert Akyuz, G. N. Gueye, Cagin Karul

引用次数: 5

The effect of higher capital requirements on bank lending: the capital surplus matters 提高资本要求对银行放贷的影响:资本盈余很重要

IF 1.3 4区经济学

Empirica Pub Date : 2022-03-10 DOI: 10.1007/s10663-022-09536-x

Simona Malovaná, Dominika Ehrenbergerová

引用次数: 10

Nowcasting and monitoring SDG 8 正在广播和监测SDG 8

IF 1.3 4区经济学

Empirica Pub Date : 2022-03-02 DOI: 10.1007/s10663-022-09533-0

Sandra Bilek-Steindl, T. Url

引用次数: 3

Commuting time and sickness absence of US workers 美国工人的通勤时间和病假

IF 1.3 4区经济学

Empirica Pub Date : 2022-02-14 DOI: 10.1007/s10663-022-09534-z

J. Giménez-Nadal, J. Molina, J. Velilla

引用次数: 3

Ability to consume versus willingness to consume: the role of nonlinearities 消费能力与消费意愿:非线性的作用

IF 1.3 4区经济学

Empirica Pub Date : 2022-02-13 DOI: 10.1007/s10663-022-09535-y

Petar Sorić

引用次数: 1

Greening work: labor market policies for the environment 绿化工作:环境劳动力市场政策

IF 1.3 4区经济学

Empirica Pub Date : 2022-01-03 DOI: 10.1007/s10663-021-09530-9

Katharina Bohnenberger

引用次数: 9

Trading Kuznets curve: empirical analysis for China. 交易库兹涅茨曲线:对中国的实证分析。

IF 1.3 4区经济学

Empirica Pub Date : 2022-01-01 Epub Date: 2022-07-07 DOI: 10.1007/s10663-022-09546-9

Ercan Yasar, Güray Akalin, Sinan Erdogan, Samuel Asumadu Sarkodie

{"title":"Trading Kuznets curve: empirical analysis for China.","authors":"Ercan Yasar, Güray Akalin, Sinan Erdogan, Samuel Asumadu Sarkodie","doi":"10.1007/s10663-022-09546-9","DOIUrl":"https://doi.org/10.1007/s10663-022-09546-9","url":null,"abstract":"Due to inspiring growth over the past 20 years, the dynamics of Chinese exports have been the focus of many researchers. In contrast to current literature, this study examines the quadratic relationship between China's real exports to 154 partner countries and the income of trading partners from 1996 to 2019. The findings obtained from the second generational econometric analysis confirm cross-section dependence and heterogeneous slope among panel members. Second, while the GDP per capita of partner countries has a positive impact on China's exports, the quadratic of GDP per capita has a negative impact. These findings indicate an inverted U-shaped relationship between China's exports and GDP per capita of its partner countries-thus, validating the trading Kuznets curve (TKC) hypothesis. The appreciation of the Renminbi (RMB) has statistically significant negative effects on China's exports. From a policy perspective, Chinese policymakers could consider the TKC hypothesis when determining market and export strategies. Additionally, the Chinese monetary authority could consider stabilizing the value of the RMB.","PeriodicalId":46526,"journal":{"name":"Empirica","volume":" ","pages":"741-768"},"PeriodicalIF":1.3,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9261206/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"40493813","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 4

Special Issue: Sustainability, Work and Growth in the Context of SDG 8. 特刊:可持续发展目标8背景下的可持续性、工作和增长

IF 1.9 4区经济学

Empirica Pub Date : 2022-01-01 Epub Date: 2022-03-26 DOI: 10.1007/s10663-022-09538-9

Sandra Bilek-Steindl, Claudia Kettner, Christine Mayrhuber

引用次数: 0

Dynamics of the public-debt-to-gdp ratio: can it explain the risk premium of treasury bonds? 公共债务与gdp之比的动态:它能解释国债的风险溢价吗?

IF 1.3 4区经济学

Empirica Pub Date : 2022-01-01 Epub Date: 2022-08-12 DOI: 10.1007/s10663-022-09547-8

Sérgio C Lagoa, Emanuel R Leão, Diptes P Bhimjee

{"title":"Dynamics of the public-debt-to-gdp ratio: can it explain the risk premium of treasury bonds?","authors":"Sérgio C Lagoa, Emanuel R Leão, Diptes P Bhimjee","doi":"10.1007/s10663-022-09547-8","DOIUrl":"https://doi.org/10.1007/s10663-022-09547-8","url":null,"abstract":"We examine the relationship between the risk premium markets demand to hold the Treasury Bonds of a given country and the sustainability of the public finances of the country. We inquire to what extent do markets use the dynamic evolution of the public-debt-to-gdp ratio as an indication of the likelihood of a public debt default. Specifically, our empirical research design involves the following steps: (i) we use the dynamic equation of the public-debt-to-gdp ratio to build forecasts of future values of this ratio in the eurozone countries; (ii) we then use these forecasts in a regression to see how important they are to explain the risk premium implicit in the treasury bond yields. We find that projections of future values of the public-debt-to-gdp ratio do impact current 10 year bond spreads. According to our regressions, markets seem to give more weight to forecasts with a horizon smaller than 10 years. Our results suggest that agents use a relatively simple mechanism to forecast the public debt-to-gdp ratio, a mechanism which can be used while updated forecasts from international organizations are not yet available. On the other hand, according to our estimations, euro area sovereign debt markets ceased to significantly discriminate countries based on their public debt prospects after the 2012 'Whatever It Takes\" speech and the announcement of the Outright Monetary Transactions (OMT) program-suggesting that these events had a significant calming effect on the markets.Supplementary information: The online version contains supplementary material available at 10.1007/s10663-022-09547-8.","PeriodicalId":46526,"journal":{"name":"Empirica","volume":" ","pages":"1089-1122"},"PeriodicalIF":1.3,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9374299/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"40703557","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0