PurposeThe purpose of this paper is to investigate the possible asymmetric
response of inflation expectations to oil price and policy uncertainty
shocks.Design/methodology/approachThe authors used the test of asymmetric
impulse responses proposed by Kilian and Vigfusson (2011) to explore the issue
of asymmetry.FindingsUnlike other studies that assume symmetric effects, this
study finds asymmetric ... hiện toàn bộ
Purpose – The paper aims to study the relationship between economic growth,
nuclear energy consumption and carbon dioxide (CO2) emissions for a panel of 25
countries over a period of 1993-2010. Through this study, the author has
provided an insight into one of the available sources of energy, i.e. nuclear
energy and its impact on economic growth and CO2 emissions.
Design/methodology/approach – Sep... hiện toàn bộ
Purpose– How can laboratory experiments help us understand banking crises,
including the usefulness of various policy responses? After giving a concise
introduction to the field of experimental economics more generally, the author
attempts to provide answers. The paper aims to discuss this
issue.Design/methodology/approach– The author discusses methodology and surveys
relevant work.Findings– Histo... hiện toàn bộ
PurposeThis paper aims to evaluate critically the validity of rival
theorisations of the hidden economy that variously read this sphere as a
leftover from a previous era, a by‐product of a new emergent form of capitalism,
a complement to formal employment or an alternative to the formal economy. Until
now, the common tendency among economic theorists has been to either universally
privilege one th... hiện toàn bộ
André Filipe Guedes Almeida, Gabriel Caldas Montes
PurposeDue to the fact that crime and violence affect the economy and the
business environment, and since the economic environment affects entrepreneurs'
expectations and therefore their decisions, this study analyzes the effect of
both violence and crime on the confidence of entrepreneurs from the state of Rio
de Janeiro.Design/methodology/approachMaking use of time series methodology, the
author... hiện toàn bộ
Diego Silveira Pacheco de Oliveira, Gabriel Caldas Montes
PurposeCredit rating agencies (CRAs) are perceived as highly influential in the
financial system since their announcements can affect several players in the
financial markets, from big private financial and non-financial companies and
their financial markets experts to sovereign states. In this sense, this study
investigates whether sovereign credit news issued by CRAs (measured by
comprehensive c... hiện toàn bộ
Examines the effects of a monetary expansion on certain key macroeconomic
variables, in particular the nominal exchange rate, competitiveness, and
domestic output and employment, using a modified version of the Dornbusch
(Journal of Political Economy, 1976) model. Dornbusch′s original analysis of the
implications of sticky prices was conducted on the basis of two alternative
assumptions concerning... hiện toàn bộ