... Publishing Limited Licensed re-use rights only Climate change exposure Policy uncertainty Asymmetric relationship System GMM Germany L21 Q54 Q56 The present study explores the extent to which policy uncertainty shapes firms’ engagement with business opportunities arising...

..., the nonlinear model reveals significant link. Design/methodology/approach This paper uses the linear ARDL approach of Pesaran et al. (2001) and the nonlinear ARDL approach of Shin et al. (2014) to assess asymmetric effects of exchange rate volatility on trade flows between Germany...

...‐correlation values compared to the exchange rates. © Emerald Group Publishing Limited 2010 Stock markets Equity capital Volatility Exchange rates United Kingdom Germany This paper uses the multivariate generalised autoregressive conditional heteroskedastic‐Baba, Engle, Kraft...

... biggest German banks (by asset size), which represent at least 90 per cent of total loan market in Germany. Given the chosen intermediation approach, we use four categories of outputs, three kinds of input variables and one control variable in our models. All variables in this study are measured...

...; and integrated (or fractionally integrated) seasonal processes. Luis A. Gil‐Alana can be contacted at: alana@unav.es © Emerald Group Publishing Limited 2007 Germany National economy Monetary policy Modelling seasonality in macroeconomic time series is a matter that still remains...

... is useful in explaining the variation in expected returns; and whether the findings can be explained by the turn of the year effect. Design/methodology/design Monthly stock returns and market values of all listed firms in Germany and UK covering the period 1991‐2001 from Datastream are used as the basis...