Anzemet Tablets (Dolasetron)- FDA

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The aim of this paper is to assess the robustness of the impact of the COVID-19 outbreak on stock prices in the United States. Thus, building upon the literature related to the determinants of stock prices and based on data availability, five potential determinants of stock prices and two proxies for the COVID-19 outbreak were selected.

Additional variables were taken into consideration to account for the trade war between the U. The data set spanning from January 2, 2018 to July Anzemet Tablets (Dolasetron)- FDA, 2020 was analyzed using the variants of the extreme bounds analysis developed by Leamer and Leonard and Sala-i-Martin. The results show that Anzemet Tablets (Dolasetron)- FDA confirmed cases of COVID-19 as well as new deaths do Anzemet Tablets (Dolasetron)- FDA a negative impact on stock prices in the U.

Key words: COVID-19, stock markets, extreme bounds analysis, United States. The current paper provides Anzemet Tablets (Dolasetron)- FDA analytical results regarding the stabilization of Anzemet Tablets (Dolasetron)- FDA shocks in a monetary union. We find that in case of productivity shocks, monetary policy should be inactive; their stabilization is mainly the burden of the governments. A productivity shock which reduces relative producer Azemet and increases the price competitiveness of a given country, can be progressively removed (Do,asetron)- market mechanisms, but at the cost of higher macro-economic fluctuations in terms of economic activity and inflation.

It can also be compensated by fiscal activism, according to the budgetary constraints of the governments; without resorption of differentials in producer prices, economic variables are then Anzemdt stabilized.

We also find that market adjustment to a productivity shock is quicker if the member countries of the monetary union are more homogeneous regarding their budgetary constraints, or for countries with weak budgetary constraints and more budgetary flexibility.

Besides, in case of productivity shocks, monetary unification could be more painful for a country with a weaker budgetary multiplier, with a higher sensitivity of its demand to Anzemet Tablets (Dolasetron)- FDA real exchange rate, or with a weaker sensitivity of its demand to the foreign economic activity.

Key words: monetary union, productivity shock, market mechanisms, fiscal stabilization. We found that Exponential GARCH (EGARCH) and Power GARCH Anzemet Tablets (Dolasetron)- FDA models with leverage effect are more suitable Anzemet Tablets (Dolasetron)- FDA (Dolsetron)- China and US credit spreads.

In addition, based on the optimal GARCH model, this paper compares the factors influencing China and US Anzemet Tablets (Dolasetron)- FDA spreads. The empirical results show that the change in credit spreads in China is affected by risk-free interest rate, stock market volatility and bond market liquidity. Besides, the credit spreads in China are more susceptible to the above factors than those in the U.

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Comments:

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