Zobrazeno 1 - 10
of 16
pro vyhledávání: '"Jaroslav Horvath"'
Publikováno v:
Empirical Economics. 62:2713-2737
In response to the large fluctuations of the Australian dollar in the beginning of the twenty-first century, the Reserve Bank of Australia (RBA) started to express a preference for a weaker domestic currency through public speeches and monetary polic
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::c5dc361e4709a016c8fed72fe5860824
https://doi.org/10.1007/s00181-021-02112-5
https://doi.org/10.1007/s00181-021-02112-5
Autor:
Jaroslav Horvath, Kyre Lahtinen
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e5e06f3aa6b1109c336160fb611df96e
https://doi.org/10.2139/ssrn.4077329
https://doi.org/10.2139/ssrn.4077329
Autor:
Jaroslav Horvath, Guanyi Yang
Publikováno v:
SSRN Electronic Journal.
While simultaneously accounting for the effects of sovereign and corporate bond spreads, we document that emerging market economy (EME) equity returns have a strong predictive power for future output growth and account for a significant fraction of o
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::1a15f8d353af3a3b48690704e7798968
https://doi.org/10.2139/ssrn.3844546
https://doi.org/10.2139/ssrn.3844546
Autor:
Jaroslav Horvath, Jiansheng Zhong
Publikováno v:
Economic Modelling. 76:31-49
This paper quantifies the impact of three key external shocks – external demand, interest rate, and uncertainty shocks – on emerging market economies (EMEs). We find that external shocks have a sizeable impact on macroeconomic fluctuations in EME
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::7ee3daa10efb60be00952d938e66826d
https://doi.org/10.1016/j.econmod.2018.07.017
https://doi.org/10.1016/j.econmod.2018.07.017
Autor:
Guanyi Yang, Jaroslav Horvath
Publikováno v:
European Economic Review. 141:103949
Despite the typically more pronounced aggregate fluctuations in emerging market economies (EMEs), this paper documents that EMEs exhibit a lower relative volatility and countercyclicality of the unemployment rate than small open advanced economies. W
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::f36c1dfb1e7d03a4b096a32075cb22ce
https://doi.org/10.1016/j.euroecorev.2021.103949
https://doi.org/10.1016/j.euroecorev.2021.103949
Publikováno v:
SSRN Electronic Journal.
We find significant evidence of model mis-specification, in the form of neglected serial correlation, in the econometric model of the U.S. housing market used by Taylor (2007) in his critique of monetary policy following the 2001 recession. When we m
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::a33126cd1e8b8dd114a1d78a7b98afee
https://doi.org/10.2139/ssrn.3695354
https://doi.org/10.2139/ssrn.3695354
Autor:
Jaroslav Horvath, Philip Rothman
Publikováno v:
Journal of International Money and Finance. 115:102370
We investigate an unexplored link between the US mortgage spread and business cycle and asset price fluctuations in emerging market economies (EMEs). Controlling for changes in global financial risk, an increase in the US mortgage spread leads to sub
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::74422d38509314311f1b7a7c5b9ad771
https://doi.org/10.1016/j.jimonfin.2021.102370
https://doi.org/10.1016/j.jimonfin.2021.102370
Publikováno v:
Journal of Economic Dynamics and Control. 125:104100
Real business cycles in China are different than in many other countries, including consumption being more volatile than output and uncorrelated with investment. To study whether Chinese institutions can account for these features, we augment the sta
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::2d022f64e390dffe8a577767bb376ef9
https://doi.org/10.1016/j.jedc.2021.104100
https://doi.org/10.1016/j.jedc.2021.104100
Publikováno v:
SSRN Electronic Journal.
We construct a novel Exchange Rate Stance Index (ERSI) to measure the magnitude of oral interventions that talk down the Australian dollar - a preference for a weaker domestic currency expressed by the Reserve Bank of Australia (RBA) through public s
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::f95a7d92458f97666612d5f5b6c1656f
https://doi.org/10.2139/ssrn.3356115
https://doi.org/10.2139/ssrn.3356115