Skip to main content

Research Repository

Advanced Search

Outputs (15)

Energy contagion analysis: A new perspective with application to a small petroleum economy (2019)
Journal Article
Mahadeo, S., Heinlein, R., & Legrenzi, G. D. (2019). Energy contagion analysis: A new perspective with application to a small petroleum economy. Energy Economics, 80, 890-903. https://doi.org/10.1016/j.eneco.2019.02.007

© 2019 Elsevier B.V. We put forward the novel concept of energy contagion, i.e. a deepening of energy-finance linkages under crisis conditions in energy markets. Further, we show how to construct tests for energy contagion through correlation, co-ske... Read More about Energy contagion analysis: A new perspective with application to a small petroleum economy.

Monetary policy and exchange rates: A balanced two-country cointegrated var model approach (2017)
Journal Article
Heinlein, R., & Krolzig, H. M. (2019). Monetary policy and exchange rates: A balanced two-country cointegrated var model approach. Macroeconomic Dynamics, 23(5), 1838-1874. https://doi.org/10.1017/S1365100517000475

We study the exchange rate effects of monetary policy in a balanced macroeconometric two-country model for the United States and United Kingdom. In contrast to the empirical literature, which consistently treats the domestic and foreign countries une... Read More about Monetary policy and exchange rates: A balanced two-country cointegrated var model approach.

Puzzling Global Stochastic Trends in Growth, Interest and Inflation and the Volcker Disinflation (2016)
Journal Article
Heinlein, R., & Krolzig, H. M. (2018). Puzzling Global Stochastic Trends in Growth, Interest and Inflation and the Volcker Disinflation. Manchester School, 86(2), 178-194. https://doi.org/10.1111/manc.12175

© 2016 The University of Manchester and John Wiley & Sons Ltd This paper aims to identify the stable long-run relationships as well as unstable driving forces of the world economy using a small aggregated cointegrated VAR model encompassing quarter... Read More about Puzzling Global Stochastic Trends in Growth, Interest and Inflation and the Volcker Disinflation.