Do central banks respond to exchange rate movements? A structural investigation
TA Lubik, F Schorfheide - Journal of Monetary Economics, 2007 - Elsevier
We estimate a small-scale, structural general equilibrium model of a small open economy
using Bayesian methods. Our main focus is the conduct of monetary policy in Australia …
using Bayesian methods. Our main focus is the conduct of monetary policy in Australia …
Cost of capital effects and changes in growth expectations around US cross-listings
This paper examines whether cross-listing in the US reduces firms' costs of capital. We
estimate cost of capital effects implied by market prices and analyst forecasts, which …
estimate cost of capital effects implied by market prices and analyst forecasts, which …
The world of cross-listings and cross-listings of the world: Challenging conventional wisdom
GA Karolyi - Review of Finance, 2006 - academic.oup.com
There has long prevailed a conventional wisdom rationalizing why firms pursue overseas
listings. It argues that firms seek such opportunities to benefit from a lower cost of capital that …
listings. It argues that firms seek such opportunities to benefit from a lower cost of capital that …
A Bayesian look at new open economy macroeconomics
T Lubik, F Schorfheide - NBER macroeconomics annual, 2005 - journals.uchicago.edu
This paper develops a small-scale two-country model following the new open economy
macroeconomics paradigm. Under autarky, the model specializes to the familiar three …
macroeconomics paradigm. Under autarky, the model specializes to the familiar three …
Monetary policy and uncertainty in an empirical small open‐economy model
A Justiniano, B Preston - Journal of Applied Econometrics, 2010 - Wiley Online Library
This paper explores optimal policy design in an estimated model of three small open
economies: Australia, Canada and New Zealand. Within a class of generalized Taylor rules …
economies: Australia, Canada and New Zealand. Within a class of generalized Taylor rules …
[PDF][PDF] Government sponsored versus private venture capital: Canadian evidence
Entrepreneurship is frequently cited as an important force promoting economic growth.
There are several possible reasons for such an effect, but perhaps the most significant is the …
There are several possible reasons for such an effect, but perhaps the most significant is the …
The Great Shift: Macroeconomic projections for the world economy at the 2050 horizon
J Fouré, A Bénassy-Quéré, LG Fontagné - 2012 - papers.ssrn.com
We present growth scenarios for 147 countries to 2050, based on MaGE
(Macroeconometrics of the Global Economy), a three-factor production function that includes …
(Macroeconometrics of the Global Economy), a three-factor production function that includes …
Identifying the new Keynesian Phillips curve
JM Nason, GW Smith - Journal of Applied Econometrics, 2008 - Wiley Online Library
Phillips curves are central to discussions of inflation dynamics and monetary policy. The
hybrid new Keynesian Phillips curve (NKPC) describes how past inflation, expected future …
hybrid new Keynesian Phillips curve (NKPC) describes how past inflation, expected future …
Modelling the world economy at the 2050 horizon
J Fouré, A Bénassy‐Quéré… - Economics of Transition, 2013 - Wiley Online Library
Economic analysis is increasingly addressing long‐term issues (such as global warming)
that require a dynamic baseline for the world economy. In this article, we develop a three …
that require a dynamic baseline for the world economy. In this article, we develop a three …
[PDF][PDF] ToTEM: The Bank of Canada's new quarterly projection model
S Murchison, A Rennison - 2006 - bankofcanada.ca
ToTEM: The Bank of Canada’s New Quarterly Projection Model Page 1 Bank of Canada
Banque du Canada Technical Report No. 97 / Rapport technique no 97 ToTEM: The Bank of …
Banque du Canada Technical Report No. 97 / Rapport technique no 97 ToTEM: The Bank of …