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Full-Text Articles in Social and Behavioral Sciences
Left-Wing And Right-Wing Terrorism In The United States, Alex Rant, Paul Jones, Nathanael Robinson
Left-Wing And Right-Wing Terrorism In The United States, Alex Rant, Paul Jones, Nathanael Robinson
Seaver College Research And Scholarly Achievement Symposium
This paper assesses whether there is causality between Left-Wing and Right-Wing Terrorist attacks in the United States. A Vector Auto-Regressive (VAR) Model is estimated for the two variables. A Granger Causality test and Impulse Response Functions are examined to understand the relationship between the two variables. Both terrorist attacks appear to Granger Cause each other, but an analysis of the Impulse Response Functions reveals that Right-Wing Terrorism yields a stronger response from Left-Wing groups than Left-Wing terrorism does from Right-Wing groups. Nonetheless, there are strong elements of causality and response between the two groups.
Building Dynamic Stochastic General Equilibrium Models For Monetary Policy Analysis, Charles N. O. Mordi, Michael A. Adebiyi
Building Dynamic Stochastic General Equilibrium Models For Monetary Policy Analysis, Charles N. O. Mordi, Michael A. Adebiyi
Economic and Financial Review
Dynamic Stochastic General Equilibrium (DSGE) models are powerful tools that provide a coherent framework for policy discussion and analysis. In principle, they can help to identify sources of fluctuations, answer questions about structural changes, help to forecast and predict the effect of policy changes, and perform counterfactual experiments. Against this background, this paper aims at providing an insightful discussion on DSGE models by developing a simplified version of the models to explain the behavior of key macroeconomic variables in Nigeria namely: the growth rate of gross domestic product (GDP), headline inflation, exchange rate and the monetary policy rate. The estimated …