Stock market response to monetary and fiscal policy shocks: Multi-country evidence

I Chatziantoniou, D Duffy, G Filis - Economic modelling, 2013 - Elsevier
A Structural VAR model is employed to investigate the effects of monetary and fiscal policy
shocks on stock market performance in Germany, UK and the US. A significant number of …

Fiscal developments and financial stress: a threshold VAR analysis

A Afonso, J Baxa, M Slavík - Empirical Economics, 2018 - Springer
We use a threshold VAR analysis to study the linkages between changes in the debt ratio,
economic activity and financial stress within different financial regimes. We use quarterly …

Trade spill-overs of fiscal policy in the European Union: a panel analysis

R Beetsma, M Giuliodori, F Klaassen - Economic policy, 2006 - academic.oup.com
We explore international spill-overs from fiscal policy shocks via trade in Europe. To assess
and quantify the channels through which a fiscal expansion stimulates domestic activity …

[HTML][HTML] The effect of fiscal and monetary policies interaction on stock market performance: Evidence from Nigeria

AI Lawal, RO Somoye, AA Babajide, TI Nwanji - Future Business Journal, 2018 - Elsevier
This study examines the impact of the interactions between fiscal and monetary policies on
stock market behaviour (ASI) and the impact of the volatility of these interactions on the …

Fiscal policy and asset prices

L Agnello, RM Sousa - Bulletin of Economic Research, 2013 - Wiley Online Library
We analyse the impact of fiscal policy on asset prices using a panel vector auto‐regressive
(PVAR) approach and quarterly data for ten industrialized countries. We find that positive …

The policy mix in the US and EMU: Evidence from a SVAR analysis

A Afonso, L Gonçalves - The North American Journal of Economics and …, 2020 - Elsevier
We use a SVAR approach to the effects of fiscal and monetary policies, as well as their
interactions (policy mix) for the US and the Euro Area (EMU). Overall, our results show that …

Adopting the euro in Central Europe

S Schadler, P Drummond, L Kuijs… - IMF Occasional …, 2005 - elibrary.imf.org
Upon entry into the European Union, countries become members of the Economic and
Monetary Union (EMU), with a derogation from adopting the euro as their currency (that is …

The relative effectiveness of Monetary and Fiscal Policies on growth: what does long-run SVAR model tell us?

H Şen, A Kaya - 2015 - mpra.ub.uni-muenchen.de
This paper studies empirically the relative effectiveness of monetary and fiscal policies on
growth. Unlike many previous papers which have focused, to a large extent, on the effect of …

[HTML][HTML] Monetary and fiscal policy mix in a small open economy: Evidence from Nigeria

MK Tule, SF Onipede, GU Ebuh - Scientific African, 2020 - Elsevier
In this article we employed structural vector auto-regressive (SVAR) model to assess the
degree of coordination between monetary and fiscal policy and how such coordination has …

The 2007 financial crisis and the UK residential housing market: Did the relationship between interest rates and house prices change?

CB Tse, T Rodgers, J Niklewski - Economic Modelling, 2014 - Elsevier
This paper investigates the impact of the 2007 financial crisis on the relationship between
real mortgage interest rates and real house prices. It applies a dynamic conditional …