What is the linkage between real growth in the Euro area and global financial market conditions?
"This paper deals with transition/transmission mechanisms through which world financial market conditions indicators affect real economic growth in the Euro area. The informational content of financial variables for predicting real economic growth is assessed, allowing for asymmetric responses...
| Main Authors: | , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Paris
2014
Ipag |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19118893124919360759-What-is-the-linkage-between-re.htm |
| _version_ | 1771659902595366913 |
|---|---|
| author | Ipag Business School Sahut, Jean-Michel |
| author_facet | Ipag Business School Sahut, Jean-Michel |
| collection | Library items |
| description | "This paper deals with transition/transmission mechanisms through which world financial market conditions indicators affect real economic growth in the Euro area. The informational content of financial variables for predicting real economic growth is assessed, allowing for asymmetric responses to shocks. A nonlinear framework is developed based on a smooth transition model for which the effects of shocks can vary across business cycles when financial indicators modify both the endogenous and state variables. Global financial variables are shown to significantly affect real economic growth in the Euro area." |
| format | TEXT |
| geographic | EU countries |
| id | 19118893124919360759_4e6bf222c2e540e2b3512b5f76cd3f1e |
| institution | ETUI-European Trade Union Institute |
| is_hierarchy_id | 19118893124919360759_4e6bf222c2e540e2b3512b5f76cd3f1e |
| is_hierarchy_title | What is the linkage between real growth in the Euro area and global financial market conditions? |
| language | English |
| physical | 1 v. Digital |
| publishDate | 2014 |
| publisher | Paris Ipag |
| spellingShingle | Ipag Business School Sahut, Jean-Michel economic growth EMU financial market What is the linkage between real growth in the Euro area and global financial market conditions? |
| thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=109314692759 |
| title | What is the linkage between real growth in the Euro area and global financial market conditions? |
| topic | economic growth EMU financial market |
| url | https://www.labourline.org/KENTIKA-19118893124919360759-What-is-the-linkage-between-re.htm |