IDEAS home Printed from https://ideas.repec.org/a/taf/intecj/v39y2025i1p47-82.html
   My bibliography  Save this article

Time-varying Macro-Financial Linkages across Developed Countries

Author

Listed:
  • Saroj Dhital

Abstract

The paper examines time-varying linkages between the financial and macroeconomic sectors across 13 developed countries. To do so, the paper studies whether the financial sector is an important source of shock to the macroeconomic sectors across countries. The paper finds evidence of time-varying impacts of the financial shocks on the macroeconomic sectors across countries. There are evidence of time variation in both the transmission and the size of the shocks. Different financial shocks play important roles in different financial shocks. For instance, The US house-price shock plays an important role in the Global Financial Crisis. The model also captures the large degree of heterogeneity in the effect of a financial shock across countries.

Suggested Citation

  • Saroj Dhital, 2025. "Time-varying Macro-Financial Linkages across Developed Countries," International Economic Journal, Taylor & Francis Journals, vol. 39(1), pages 47-82, January.
    • Handle: RePEc:taf:intecj:v:39:y:2025:i:1:p:47-82
    DOI: 10.1080/10168737.2024.2430642
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/10168737.2024.2430642
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/10168737.2024.2430642?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:intecj:v:39:y:2025:i:1:p:47-82. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RIEJ20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.