Skip to main navigation Skip to main content
info(at)avldigital.remove-this.de
Deutsch English
Last searches

Results for *

Displaying results 1 to 9 of 9.

  1. Stock market dispersion, sectoral shocks, and the German business cycle
    Author: Döpke, Jörg; Pierdzioch, Christian
    Published: 2000
    Publisher:  Inst. of World Economics, Kiel

    Export to reference management software   RIS file
      BibTeX file
    Content information
  2. Stock Market Dispersion, Sectoral Shocks, and the German Business Cycle
    Author: Döpke, Jörg; Pierdzioch, Christian
    Published: 2000
    Publisher:  Kiel Institute for the World Economy (IfW), Kiel

    Export to reference management software   RIS file
      BibTeX file
  3. Sectoral shocks and spillovers
    an application to COVID-19
    Author: Das, Sonali; Magistretti, Giacomo; Pugacheva, Evgenia; Wingender, Philippe
    Published: June 2021
    Publisher:  International Monetary Fund, [Washington, D.C.]

    This paper examines the role of sectoral spillovers in propagating sectoral shocks in the broader economy, both in the past and during the COVID-19 pandemic. In particular, we study how shocks that occur within a sector itself and spillovers from... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Unter den Linden
    Inter-library loan:
    Unlimited inter-library loan, copies and loan

     

    This paper examines the role of sectoral spillovers in propagating sectoral shocks in the broader economy, both in the past and during the COVID-19 pandemic. In particular, we study how shocks that occur within a sector itself and spillovers from shocks to other sectors affect sectoral activity, for a large sample of countries from 1995 to 2014. We find that both supply and demand shocks-measured as changes in, respectively, productivity and government purchases at the sector level-have large spillover effects on sector-level gross value added and on a sector's share of the economy. We then use these historical estimates, together with the network structure of global production, to quantify the spillovers from the economic shock associated with the pandemic. We find spillover effects to be sizeable, making up a significant fraction of the overall decline in activity in 2020.Our results have implications for the design of policies with a sectoral dimension

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781513587394
    Other identifier:
    Series: IMF working paper ; WP/21, 204
    Subjects: Production networks; input-output tables; sectoral shocks; spillovers; COVID-19; Business Fluctuations; Cycles; Externalities; General Equilibrium and Disequilibrium; Macroeconomic Aspects of International Trade and Finance
    Scope: 1 Online-Ressource (circa 26 Seiten), Illustrationen
  4. Relative price shocks and inflation
    Author: Ruge-Murcia, Francisco; Wolman, Alexander L.
    Published: 2022
    Publisher:  Federal Reserve Bank of Richmond, Richmond

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 384
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    Series: Working paper series / Federal Reserve Bank of Richmond ; WP 22, 07
    Subjects: Monetary policy; sectoral shocks; Inflation shortfall; COVID-19
    Scope: 1 Online-Ressource (circa 39 Seiten), Illustrationen
  5. Inflation and GDP dynamics in production networks
    a sufficient statistics approach
    Author: Afrouzi, Hassan; Bhattarai, Saroj
    Published: May 2023
    Publisher:  CESifo, Munich, Germany

    We derive closed-form solutions and sufficient statistics for inflation and GDP dynamics in multi-sector New Keynesian economies with arbitrary input-output linkages. Analytically, we decompose how production linkages (1) amplify the persistence of... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 63
    Inter-library loan:
    No inter-library loan

     

    We derive closed-form solutions and sufficient statistics for inflation and GDP dynamics in multi-sector New Keynesian economies with arbitrary input-output linkages. Analytically, we decompose how production linkages (1) amplify the persistence of inflation and GDP responses to monetary and sectoral shocks and (2) increase the pass-through of sectoral shocks to aggregate inflation. Quantitatively, we confirm the significant role of production networks in shock propagation, emphasizing the disproportionate effects of sectors with large input-output adjusted price stickiness: The three sectors with the highest contribution to the persistence of aggregate inflation have consumption shares of around zero but explain 16% of monetary non-neutrality.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/279165
    Series: CESifo working papers ; 10416 (2023)
    Subjects: Inflation; Konjunktur; Bruttoinlandsprodukt; Unternehmensnetzwerk; Wirtschaftsstruktur; Geldpolitik; Input-Output-Analyse; Neoklassische Synthese; production networks; multi-sector model; sufficient statistics; inflation dynamics; real effects of monetary policy; sectoral shocks
    Scope: 1 Online-Ressource (circa 88 Seiten), Illustrationen
  6. Sectoral shocks and spillovers
    an application to COVID-19
    Author: Das, Sonali; Magistretti, Giacomo; Pugacheva, Evgenia; Wingender, Philippe
    Published: June 2021
    Publisher:  International Monetary Fund, [Washington, D.C.]

    This paper examines the role of sectoral spillovers in propagating sectoral shocks in the broader economy, both in the past and during the COVID-19 pandemic. In particular, we study how shocks that occur within a sector itself and spillovers from... more

    Access:
    Verlag (kostenfrei)
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Verlag (kostenfrei)

    Location:
    Orient-Institut Beirut
    Signature:
    Online
    Inter-library loan:
    No inter-library loan

    Location:
    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Potsdamer Straße
    Inter-library loan:
    No inter-library loan

    Location:
    Universitätsbibliothek Braunschweig
    Inter-library loan:
    No inter-library loan

    Location:
    Staats- und Universitätsbibliothek Bremen
    Inter-library loan:
    No inter-library loan

    Location:
    Universitätsbibliothek Erfurt / Forschungsbibliothek Gotha, Universitätsbibliothek Erfurt
    Inter-library loan:
    No inter-library loan

    Location:
    Bibliothek der Pädagogischen Hochschule Freiburg/Breisgau
    Inter-library loan:
    No inter-library loan

    Location:
    Niedersächsische Staats- und Universitätsbibliothek Göttingen
    Inter-library loan:
    No inter-library loan

    Location:
    Universitäts- und Landesbibliothek Sachsen-Anhalt / Zentrale
    Inter-library loan:
    No inter-library loan

    Location:
    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
    Inter-library loan:
    No inter-library loan

    Location:
    Technische Universität Hamburg, Universitätsbibliothek
    Inter-library loan:
    No inter-library loan

    Location:
    Technische Informationsbibliothek (TIB) / Leibniz-Informationszentrum Technik und Naturwissenschaften und Universitätsbibliothek
    Inter-library loan:
    No inter-library loan

    Location:
    Duale Hochschule Baden-Württemberg Heidenheim, Bibliothek
    Signature:
    e-Book Nationallizenz
    Inter-library loan:
    No inter-library loan

    Location:
    Thüringer Universitäts- und Landesbibliothek
    Inter-library loan:
    No inter-library loan

    Location:
    Fachhochschule Kiel, Zentralbibliothek
    Inter-library loan:
    No inter-library loan

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 301
    Inter-library loan:
    No inter-library loan

    Location:
    Universitätsbibliothek Leipzig
    Inter-library loan:
    No inter-library loan

    Location:
    Leuphana Universität Lüneburg, Medien- und Informationszentrum, Universitätsbibliothek
    Inter-library loan:
    No inter-library loan

    Location:
    Duale Hochschule Baden-Württemberg Mosbach, Bibliothek
    Signature:
    E-Book Nationallizenz IMF
    Inter-library loan:
    No inter-library loan

    Location:
    Hochschule Offenburg, University of Applied Sciences, Bibliothek Campus Offenburg
    Signature:
    E-Book International Monetary Fund
    Inter-library loan:
    No inter-library loan

    Location:
    Hochschulbibliothek Pforzheim, Bereichsbibliothek Technik und Wirtschaft
    Signature:
    e-Book International Monetary Fund eLibrary
    Inter-library loan:
    No loan of volumes, only paper copies will be sent

    Location:
    Duale Hochschule Baden-Württemberg Ravensburg, Bibliothek
    Signature:
    E-Book IMF
    Inter-library loan:
    No inter-library loan

    Location:
    Hochschule Albstadt-Sigmaringen, Bibliothek Sigmaringen
    Inter-library loan:
    No loan of volumes, only paper copies will be sent

    Location:
    Duale Hochschule Baden-Württemberg Villingen-Schwenningen, Bibliothek
    Signature:
    E_Book IMF
    Inter-library loan:
    No inter-library loan

     

    This paper examines the role of sectoral spillovers in propagating sectoral shocks in the broader economy, both in the past and during the COVID-19 pandemic. In particular, we study how shocks that occur within a sector itself and spillovers from shocks to other sectors affect sectoral activity, for a large sample of countries from 1995 to 2014. We find that both supply and demand shocks-measured as changes in, respectively, productivity and government purchases at the sector level-have large spillover effects on sector-level gross value added and on a sector's share of the economy. We then use these historical estimates, together with the network structure of global production, to quantify the spillovers from the economic shock associated with the pandemic. We find spillover effects to be sizeable, making up a significant fraction of the overall decline in activity in 2020.Our results have implications for the design of policies with a sectoral dimension

     
    Export to reference management software   RIS file
      BibTeX file
  7. The aggregate effects of sectoral shocks in an open economy
    Author: Andrade, Philippe; Arazi, Martin; Sheremirov, Viacheslav
    Published: [2023]
    Publisher:  [Federal Reserve Bank of Boston], [Boston]

    We study the aggregate effects of sectoral productivity shocks in a multisectoral New Keynesian open-economy model that allows for asymmetric input-output linkages, both within and between countries, as well as for heterogeneity in sectoral... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 82
    Inter-library loan:
    No inter-library loan

     

    We study the aggregate effects of sectoral productivity shocks in a multisectoral New Keynesian open-economy model that allows for asymmetric input-output linkages, both within and between countries, as well as for heterogeneity in sectoral Calvo-type price stickiness. Asymmetries in the international production network play a key role in the model's ability to produce large domestic effects of foreign sectoral supply shocks and large differential effects of domestic shocks and global shocks. Larger trade openness and substitutability between domestic inputs and foreign inputs can also significantly amplify the effects of foreign and global sectoral shocks on domestic aggregates. In comparison, sectoral heterogeneity in price stickiness does not materially amplify the domestic responses to productivity shocks that originate abroad.

     
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/280857
    Edition: This version: October 2023
    Series: Working papers / Federal Reserve Bank of Boston ; no. 23, 13
    Subjects: International input-output linkages; open-economy New Keynesian model; sectoral shocks
    Scope: 1 Online-Ressource (circa 52 Seiten), Illustrationen
  8. Missing aggregate dynamics
    on the slow convergence of lumpy adjustment models
    Author: Berger, David; Caballero, Ricardo J.; Engel, Eduardo
    Published: noviembre de 2015
    Publisher:  Universidad de Chile, Departamento de Economía, Santiago

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Serie documentos de trabajo / Universidad de Chile, Facultad Economía y Negocios, Departamento de Economía ; SDT 412
    Subjects: Aggregate dynamics; persistence; lumpy adjustment; idiosyncratic shocks; aggregation; aggregate shocks; sectoral shocks; Calvo model; Ss model; inflation; investment; labor demand; sticky prices; biased impulse response functions; vector autoregressions
    Scope: 1 Online-Ressource (circa 44 Seiten), Illustrationen
  9. Why can sectoral shocks lead to sizable macroeconomic fluctuations?
    assessing alternative theories by means of stochastic simulation with a general equilibrium model
    Author: Roson, Roberto; Sartori, Martina
    Published: October 11, 2014
    Publisher:  Department of Economics, Ca’ Foscari University of Venice, Venice Italy

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Working paper / Ca' Foscari University of Venice, Department of Economics ; 2014, no. 16
    Subjects: Aggregate volatility; input-output linkages; intersectoral network; sectoral shocks; granularity; stochastic simulation; computable general equilibrium models
    Scope: 1 Online-Ressource (circa 27 Seiten)