Manchester School,
Год журнала:
2024,
Номер
unknown
Опубликована: Дек. 19, 2024
ABSTRACT
Investigating
gold's
safe‐haven
status
is
crucial
to
stabilising
energy
and
cryptocurrency
markets.
To
capture
the
dynamic
relationships
between
energy‐related
uncertainty
(ERU),
gold
prices
(GP),
policy
(CPOU),
this
study
employs
TVP‐SV‐VAR
methodology.
Through
quantitative
analysis,
we
find
ERU
has
favourable
unfavourable
effects
on
GP.
The
impact
underscores
role
against
market
uncertainty.
At
same
time,
negative
contradicts
view
theoretical
models,
likely
due
U.S.
dollar's
value
hedging
performance
other
uncertainties.
CPOU,
however,
positively
impacts
GP,
supporting
characteristics
in
aligning
with
predictions.
Gold's
comparably
more
consistent
but
slightly
less
significant.
Additionally,
validates
findings
by
substituting
CPOU
price
(CPRU),
confirming
their
robustness.
Given
high
volatility
markets,
article
offers
valuable
insights
for
authorities
maximise
profits
ensure
stable
growth.
German Economic Review,
Год журнала:
2025,
Номер
unknown
Опубликована: Янв. 4, 2025
Abstract
We
examine
how
trade
and
policy
uncertainty
affect
shipping
freight
rates,
using
a
Bayesian
Vector
Autoregression
(BVAR)
model.
Trade
has
strong
effect
on
costs,
even
though
the
effects
become
insignificant
within
year.
On
other
hand,
slightly
smaller
initial
but
tends
to
have
longer-lasting
costs.
benefit
European
stocks,
perhaps
as
investors
may
believe
that
consumers
will
shift
local
companies,
with
impact
US
stocks
also
being
(mildly)
positive,
despite
(lagged)
deterioration
in
economic
activity.
GDP
than
uncertainty,
given
then
known
merits
of
comparative
advantage,
while
is
higher
markets
compared
ones.
The
crop
planting
structure
in
the
world
has
shown
a
trend
of
“non-grain”,
which
will
shake
foundations
global
food
security
long
run.
As
basic
and
important
production
factor,
changes
land
have
an
impact
on
farmers’
decisions.
In
this
paper,
we
take
China,
country
that
is
experiencing
transfer,
“non-grain”
production,
farmer
differentiation,
as
research
area,
use
household
survey
data
at
national
level,
adopt
methods
Propensity
Score
Matching
(PSM)
multiple
regression
models
to
reveal
transfer-in
its
heterogeneity
among
farmers.
results
showed
can
drive
tend
be
China.
conclusion
was
still
valid
after
robustness
tests
expanding
sample
size,
increasing
number
control
variables,
introducing
endogenous
problem
management.
analysis
indicated
negative
grain
crops
mainly
exists
for
large-scale
farmers
with
agriculture
main
source
income.
Based
these
findings,
Chinese
government
should
formulate
targeted
policies
prevent
tendency
transfer-in.
Stochastic Environmental Research and Risk Assessment,
Год журнала:
2024,
Номер
38(7), С. 2563 - 2579
Опубликована: Март 29, 2024
Abstract
Increased
risks
of
economic
policy
uncertainty
and
overexploitation
natural
resources
exist
in
China.
At
the
same
time,
growth
rate
urban
residents’
consumption
has
generally
declined.
The
paper
analyses
role
(EPU)
resource
exploitation
on
Based
data
from
first
quarter
2002
to
third
2021,
uses
a
nonlinear
autoregressive
distributed
lag
model
verify
asymmetric
effects.
Then
constructs
time-varying
parameter
vector
with
stochastic
volatility
term
analyze
responses.
Impulse
response
analysis
was
used
further
explain
relationship
between
three.
negative
impact
rising
EPU
is
larger
than
its
reduction.
Negative
shocks
development
increase
consumption.
Positive
reduce
There
non-linear
effect
been
exacerbated
by
major
crises
such
as
financial
crisis,
COVID-19
post-crisis
period.
diminished
after
government
introduced
industrial
upgrading
policies
environmental
regulations.
This
study
provides
constructive
suggestions
for
optimization
improvement
also
enriches
consumer
theory
new
evidence
curse
hypothesis.
Post-Communist Economies,
Год журнала:
2025,
Номер
unknown, С. 1 - 34
Опубликована: Янв. 5, 2025
We
investigate
the
nonlinear
effect
of
quantitative
and
price-based
monetary
policies
on
bank
liquidity
risk
from
January
2005
to
December
2022.
find
optimal
mode
policy
regulate
in
different
regimes
evidence
that
affects
effectiveness
regulation.
Specifically,
high
is
more
appropriately
regulated
by
policy,
although
there
no
significant
difference
between
for
medium
low
risk.
However,
higher
degree
financial
openness
cycle
superposition
reduce
regulating
Considering
can
affecting
China's
cycle,
adopting
not
only
reduces
thus
improves
but
also
achieves
indirect
management
