Add to ORKGThis paper investigates asymmetric effects of monetary policy over the business cycle. A two-state Markov Switching Model is employed to model both recessions and expansions. For the United States and Germany, strong evidence is found that monetary policy is more effective in a recession than during a boom. Also some evidence is found for asymmetry in the United Kingdom and Belgium. In the Netherlands, monetary policy is not very effective in either regime
Do international capital flows make countries more or less vulnerable to financial crises? Should co...
Capital inflows and outflows often remind policymakers of the monetary policy "trilemma" and the sev...
This paper provides a cross country analysis of surges on capital inflows. Specifically, we examine ...
This paper investigates asymmetric effects of monetary policy over the business cycle. A two-state M...
This paper shows that policy uncertainty, measured by the uncertainty of budget deficits, tax paymen...
Capital flight resulting from hot money has been a popular issue recently. The effect of capital fl...
Capital flight often amounts to a substantial proportion of GDP in developing countries. This paper ...
This paper explains the simultaneous occurrence of large external debts, private capital outflows an...
Consequent to developed and liberalized financial markets in emerging market economies, the magnitud...
This paper provides the first serious attempt to examine the relationship between political risk and...
This article reviews the literature on currency and country risk with a focus on their macroeconomic...
One of the challenges faced by developing countries is to stimulate investment for achieving higher ...
Capital flight is the shift of one investment to another in search of greater prospect or increased ...
This paper investigates asymmetric effects of monetary policy over the business cycle. A two-state M...
Do international capital flows make countries more or less vulnerable to financial crises? Should co...
Capital inflows and outflows often remind policymakers of the monetary policy "trilemma" and the sev...
This paper provides a cross country analysis of surges on capital inflows. Specifically, we examine ...
This paper investigates asymmetric effects of monetary policy over the business cycle. A two-state M...
This paper shows that policy uncertainty, measured by the uncertainty of budget deficits, tax paymen...
Capital flight resulting from hot money has been a popular issue recently. The effect of capital fl...
Capital flight often amounts to a substantial proportion of GDP in developing countries. This paper ...
This paper explains the simultaneous occurrence of large external debts, private capital outflows an...
Consequent to developed and liberalized financial markets in emerging market economies, the magnitud...
This paper provides the first serious attempt to examine the relationship between political risk and...
This article reviews the literature on currency and country risk with a focus on their macroeconomic...
One of the challenges faced by developing countries is to stimulate investment for achieving higher ...
Capital flight is the shift of one investment to another in search of greater prospect or increased ...
This paper investigates asymmetric effects of monetary policy over the business cycle. A two-state M...
Do international capital flows make countries more or less vulnerable to financial crises? Should co...
Capital inflows and outflows often remind policymakers of the monetary policy "trilemma" and the sev...
This paper provides a cross country analysis of surges on capital inflows. Specifically, we examine ...