Weather Fluctuations, Expectation Formation, and Short-Run Behavioral Responses to Climate Change
Sign Up to like & getrecommendations! Published in 2020 at "Environmental and Resource Economics"
DOI: 10.1007/s10640-020-00525-x
Abstract: One premise adopted in most previous studies is that weather fluctuations affect economic outcomes contemporaneously. Yet under certain circumstances, the impact of weather fluctuations in the current year can be carried over into the future.… read more here.
Keywords: run; expectation formation; short run; formation short ... See more keywords
A long-run and short-run analysis of the macroeconomic interrelationships in Vietnam
Sign Up to like & getrecommendations! Published in 2017 at "Economic Analysis and Policy"
DOI: 10.1016/j.eap.2017.01.006
Abstract: Using quarterly data over the March 2001 to December 2011 period and employing the vector error correction (VEC) methodology, this paper investigates the interrelationships among GDP, foreign direct investment (FDI), international trade, the inflation rate… read more here.
Keywords: run; short run; run short; run analysis ... See more keywords
Two-sided learning and short-run dynamics in a New Keynesian model of the economy
Sign Up to like & getrecommendations! Published in 2017 at "Economics Letters"
DOI: 10.1016/j.econlet.2017.06.041
Abstract: We investigate the role of asymmetric information and learning in a New Keynesian framework in which private agents and the central bank have imperfect knowledge of the economy. We assume that agents employ the data… read more here.
Keywords: sided learning; learning short; two sided; short run ... See more keywords
Intertemporal risk-return tradeoff in the short-run
Sign Up to like & getrecommendations! Published in 2018 at "Economics Letters"
DOI: 10.1016/j.econlet.2018.08.031
Abstract: We hypothesize that good (bad) market news causes overpricing (underpricing) in the short-term, thereby inducing a weak or negative (significantly positive) intertemporal risk-return tradeoff. We verify this asymmetry through the indirect relation of a weak… read more here.
Keywords: return tradeoff; short run; tradeoff short; risk return ... See more keywords
Short-run pain, long-run gain: Desulfurization investment and productivity
Sign Up to like & getrecommendations! Published in 2021 at "Energy Economics"
DOI: 10.1016/j.eneco.2021.105520
Abstract: Abstract This paper examines the strong Porter Hypothesis by exploring the impact of firm's desulfurization investment on productivity in the long and short runs. Our dataset is novelty as we merged and constructed a firm-level… read more here.
Keywords: desulfurization; investment productivity; desulfurization investment; short run ... See more keywords
Long-run versus short-run news and the term structure of equity
Sign Up to like & getrecommendations! Published in 2020 at "Finance Research Letters"
DOI: 10.1016/j.frl.2019.101336
Abstract: Abstract We study the impact of rational learning on the term structures of equity risk premia and bond yields when the quality of available information about short-run and long-run news is asymmetric. Under full information,… read more here.
Keywords: equity; term; short run; run news ... See more keywords
Liquidity and short-run predictability: Evidence from international stock markets
Sign Up to like & getrecommendations! Published in 2021 at "Global Finance Journal"
DOI: 10.1016/j.gfj.2021.100673
Abstract: Abstract This study investigates the determinants of short-run predictability in international stock markets, where predictability is defined as the accuracy of the best-combined daily forecasts. Contrary to popular belief, illiquid markets, characterized by high transaction… read more here.
Keywords: predictability; run predictability; short run; international stock ... See more keywords
Reply to Gagnon et al.: Short-run estimates vs. long-run conjectures
Sign Up to like & getrecommendations! Published in 2022 at "Proceedings of the National Academy of Sciences of the United States of America"
DOI: 10.1073/pnas.2214219119
Abstract: Gagnon et al. (1) provide a useful reminder of the distinction between “short-run” and “long-run” estimates and their applicability for policy analysis. In our recent article (2), we estimate marginal CO2 emissions of changes in… read more here.
Keywords: short run; long run; run estimates; electricity ... See more keywords
Earthquake Risk Embedded in Property Prices: Evidence From Five Japanese Cities
Sign Up to like & getrecommendations! Published in 2021 at "Journal of the American Statistical Association"
DOI: 10.1080/01621459.2021.1928512
Abstract: We analyze the impact of short-run and long-run earthquake risk on Japanese property prices. We exploit a rich panel data set of property characteristics, ward attractiveness information, macroeconomic variables, seismic hazard data, and historical earthquake… read more here.
Keywords: short run; property prices; property; earthquake risk ... See more keywords
Short-run performance evaluation of under-priced Indian IPOs
Sign Up to like & getrecommendations! Published in 2020 at "Law and Financial Markets Review"
DOI: 10.1080/17521440.2020.1759239
Abstract: The under-pricing of Initial Public Offerings (IPO) speaks to one of the inconsistencies seen in essential markets (primary market) worldwide, however, the profundity and broadness of its shift from nation to nation. In this context,… read more here.
Keywords: ipos; short run; study; run performance ... See more keywords
Short-Run and Long-Run Consumption Risks, Dividend Processes, and Asset Returns
Sign Up to like & getrecommendations! Published in 2017 at "Review of Financial Studies"
DOI: 10.1093/rfs/hhw073
Abstract: We examine the implications of short-run and long-run consumption risks on the momentum and long-term contrarian profits and the value premium in a unified economic framework. By introducing time-varying firm cash flow exposures to the… read more here.
Keywords: consumption risks; short run; run long; consumption ... See more keywords