Zobrazeno 1 - 10
of 18
pro vyhledávání: '"Rafi Melnick"'
Autor:
Rafi Melnick, Till Strohsal
Publikováno v:
Journal of Macroeconomics. 53:145-161
A Phillips curve (PC) framework is utilized to study the challenging post-1985 disinflation process in Israel. The estimated PC is stable and has forecasting power. Based on endogenous structural break tests we find that actual and expected inflation
Publikováno v:
Journal of Macroeconomics. 48:62-71
Well-anchored inflation expectations have become a key indicator for the credibility of a central bank’s inflation target. Since the outbreak of the financial crisis, the (de-)anchoring of long-term U.S. inflation expectations has been under debate
Autor:
Rafi Melnick
Publikováno v:
International Finance. 19:2-22
The aim of this study is to develop an eclectic but robust model that allows for a better measure of expected inflation and facilitates testing for all sorts of biases. Improving the measure of expected inflation is of critical importance for conduct
Autor:
Rafi Melnick, Rafi Eldor
Publikováno v:
SSRN Electronic Journal.
This study explores the impact of terrorist attacks on the European and US stocks markets after the upsurge of attacks that started in November 2015 in Paris. Applying the methodology developed in Eldor and Melnick (2004), we find that these terroris
Autor:
Rafi Melnick, Rafi Eldor
Publikováno v:
European Economic Review. 54:963-973
This study investigates the role of the media to the impact of terrorism on the economy. A unique data set of 3045 articles published in major Israeli newspapers covering 180 terrorist attacks was used to evaluate their impact on the Tel Aviv stock m
Autor:
Rafi Melnick, Till Strohsal
Publikováno v:
SSRN Electronic Journal.
A Phillips Curve (PC) framework is utilized to study the challenging post-1985 disinflation process in Israel. The estimated PC is stable and has forecasting power. Based on endogenous structural break tests we find that actual and expected inflation
Autor:
Rafi Melnick, Till Strohsal
After the introduction of a stabilization program Israeli inflation decreased from 400% in 1985 to 2% in 2013. This paper analyzes how the remarkable transition process of Israel’s disinflation took place. We reinforce the existing hypothesis
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::c3053ef85211a7e9c7121b3073f8d9a3
http://sfb649.wiwi.hu-berlin.de/papers/pdf/SFB649DP2015-009.pdf
http://sfb649.wiwi.hu-berlin.de/papers/pdf/SFB649DP2015-009.pdf
Autor:
Rafi Eldor, Rafi Melnick
Publikováno v:
European Journal of Political Economy. 20:367-386
This paper uses daily data to analyze how stock and foreign exchange markets react to terror. The data distinguishes location, type of attack and target, number of casualties, and the number of attacks per day for 639 terror attacks between 1990 and
Autor:
Rafi Melnick
Publikováno v:
SSRN Electronic Journal.
The aim of this study is to develop an eclectic but robust model that allows for a better measure of expected inflation and allows testing for all sorts of biases. Improving the measure of expected inflation is of critical importance for conducting m
Autor:
Rafi Melnick
Publikováno v:
Journal of Money, Credit and Banking. 27(1):140-53
The main hypothesis of this study is that ignoring the state of the financial services in the demand for money is a theoretical misspecification and is an important reason for the instability of the money demand as traditionally estimated. A measurem