Essays about: "Impulse response functions"

Showing result 11 - 15 of 55 essays containing the words Impulse response functions.

1. 11. The dynamic effects of fiscal consolidations on income distribution: evidence for Spain over 1980-2020

   University essay from Lunds universitet/Ekonomisk-historiska institutionen

   Author : David Sarasa Flores; [2022]
   Keywords : Local Projections; fiscal consolidation; income inequality; narrative approach; Business and Economics;

   Abstract : Based on the Spain’s annual and quarterly time series from 1980 to 2020, this paper presents the first case study on the dynamic effects of fiscal consolidation episodes on income distribution and the mechanisms driving the specific dynamics of the distribution. By estimating impulse response functions via Local Projections by Jordà (2005), I find supportive evidence of the increase in income inequality in the aftermath of consolidation episodes. READ MORE

3. 12. Let's get fiscal!

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : David Grahn; Stefania Mammos; [2022]
   Keywords : Fiscal policy; zero lower bound; private consumption; durable goods; non-durable goods; government spending; BSVAR; Business and Economics;

   Abstract : This thesis studies the effect on private consumption and its components by durability, following an exogenous shock to government spending, in Denmark and Sweden. In order to compare the outcomes when being at the zero lower bound (ZLB) or not, the quarterly data ranging from 1995 to 2020, is split into two sub-samples. READ MORE

4. 13. The Relationship between Oil Prices and Inflation – the Role of Oil Dependency

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Per Almgren; Isabelle Holmberg; [2022]
   Keywords : Inflation; Macroeconomics; Oil-price Shocks; Structural Vector Autoregression SVAR ; time series data.; Business and Economics;

   Abstract : In the last decades, due to geopolitical tensions, climate change, and technological advancements, countries worldwide are becoming less dependent on oil. This thesis aims to establish if decreased oil dependence weakens the impact of oil price shocks on inflation, thus contributing to the existing literature on the oil-inflation relationship. READ MORE

5. 14. Quantitative easing and the Swedish housing market

   University essay from Umeå universitet/Nationalekonomi

   Author : Albin Magnusson; [2022]
   Keywords : ;

   Abstract : This study examines the impact of quantitative easing on house prices in Sweden, the United States and the United Kingdom, using a vector autoregressive (VAR) model, covering the balance sheet policies of the central bank from January 2015 to December 2021. Results from the impulse response functions provide evidence that a positive shock to the balance sheet have a positive impact on house prices in all countries, but the effects vary greatly between the countries. READ MORE

6. 15. Industrial effects of U.S. monetary policy in Sweden : Evaluating the effects of higher U.S. interest rates on Swedish industries

   University essay from Umeå universitet/Nationalekonomi

   Author : Magnus Dahlberg; [2022]
   Keywords : ;

   Abstract : This study evaluates the effect of U.S monetary policy (Fed funds rate) on GDP for 11 Swedish industries classified by the NACE Rev.2 regulations made by the European Commission and Eurostat. I estimate 11 vector error correction models, one for each industry, to evaluate the industry-specific effect. READ MORE