This paper assesses the quantitative impact of government interventions on deaths related to first COVID-19 outbreak. Using daily data for 32 countries and relying stringency conducted policies, we find that greater strength at an early stage , more effective these are in slowing down or reversing growth rate deaths. School closures have a significant reducing deaths, which is less powerful compared case where number policy combined together. These results can be informative governments...

This paper estimates a simple structural model of monetary policy in the UK focusing on inflation targeting introduced 1992. We find that: (i) adoption led to significant changes policy; (ii) post‐1992 is asymmetric as policy‐makers respond more upward deviation away from target; (iii) may be attempting keep within 1.4%–2.6% range rather than pursuing point target 2.5% and (iv) response nonlinear interest rates when further target.

Journal Article Quantitative easing: a sceptical survey Get access Christopher Martin, Martin * *University of Bath, e-mail: c.i.martin@bath.ac.uk Search for other works by this author on: Oxford Academic Google Scholar Costas Milas Review Economic Policy, Volume 28, Issue 4, WINTER 2012, Pages 750–764, https://doi.org/10.1093/oxrep/grs029 Published: 10 December 2012

We examine whether the information contained in social media (Twitter, Facebook, and Google blogs) web search intensity (Google) influences financial markets. Using a multivariate system focussing on Eurozone's peripheral countries, GIIPS (Greece, Ireland, Italy, Portugal, Spain) as well two of core countries (France Nethelands), we show that discussion search-related queries for Greek debt crisis provide significant short-run primarily Greek-German Irish-German government bond yield...

We employ a panel quantile framework that quantifies the relative importance of quantitative and qualitative factors across conditional distribution sovereign credit ratings in Eurozone area. find regulatory quality competitiveness have stronger impact for low rated countries whereas GDP per capita is major driver high countries. A reduction current account deficit leads to rating or outlook upgrade Economic policy uncertainty impacts negatively on distribution; however, lower In other...

This paper assesses the quantitative impact of government interventions on deaths related tothe first COVID-19 outbreak. Using daily data for 32 countries and relying stringencyof conducted policies, we find that greater strength atan early stage, more effective these are in slowing down or reversing growth rate ofdeaths. School closures have a significant reducing deaths, whichis less powerful compared to case where number policy combinedtogether. These results can be informative...

Abstract We assess the ability of factors proposed in previous research to account for stochastic evolution term structure U.S. and U.K. swap spreads. Using as factor proxies level, volatility, slope zero‐coupon government yield curve well Treasury‐bill—London Interbank Offer Rate (LIBOR) spread corporate bond spread, we identify a procyclical behavior short‐maturity spreads countercyclical longer maturity Liquidity are also significant, but their importance varies with maturity. The...

We analyze the sustainability of government's intertemporal budget constraint and corresponding fiscal reaction function within a nonlinear error‐correction framework. Our empirical analysis, based on Italy, provides some evidence that Italian government is meeting its constraint. Nevertheless, we show burden correcting budgetary disequilibria entirely carried out by changes in average tax rate, with weakly exogenous spending, possibly determined political process. also document rigidities...

Abstract We compare news in Twitter with traditional outlets and emphasize their differential impact on Eurozone's sovereign bond market. reveal a two‐way information flow between Twitter's “Grexit” tweets mentions which suggests not only that both types of serve as important empirical predictors for the market but also “old” (traditional news) “new” (Twitter) media are connected; however, influence is stronger. Grexit raise Greek spread more than news. Weak contagion effects reported...

This paper uses time-varying Bayesian models to assess the impact of shifting, and progressively more volatile (especially since EU Referendum vote in 2016) macroeconomic landscape on Foreign Direct Investment (FDI) inflows UK. FDI are depressed response higher UK-specific economic geopolitical uncertainty. A stronger real exchange rate a interest also have negative effect. It benefits from lower UK corporate tax rates US uncertainty, latter creating investment opportunities Rising policy...

We apply non-linear error-correction models to the empirical testing of sustainability government’s intertemporal budget constraint. Our analysis, based on Italy, shows that Italian government is meeting its constraint, in spite high levels public debt. Nevertheless, burden correcting budgetary disequilibria entirely carried out by changes average tax rate, with a weakly exogenous spending, possibly determined political process. document some rigidities instrument, terms downward...