Advanced search options

Advanced Search Options 🞨

Browse by author name (“Author name starts with…”).

Find ETDs with:

in
/  
in
/  
in
/  
in

Written in Published in Earliest date Latest date

Sorted by

Results per page:

Sorted by: relevance · author · university · dateNew search

You searched for +publisher:"Texas A&M University" +contributor:("Gawande, Kishore S."). Showing records 1 – 2 of 2 total matches.

Search Limiters

Last 2 Years | English Only

No search limiters apply to these results.

▼ Search Limiters

1. Bejarano Rojas, Jesus Antonio. Essays in International Macroeconomics and Forecasting.

Degree: PhD, Economics, 2012, Texas A&M University

This dissertation contains three essays in international macroeconomics and financial time series forecasting. In the first essay, I show, numerically, that a two-country New-Keynesian Sticky Prices model, driven by monetary and productivity shocks, is capable of explaining the highly positive correlation across the industrialized countries' inflation even though their cross-country correlation in money growth rate is negligible. The structure of this model generates cross-country correlations of inflation, output and consumption that appear to closely correspond to the data. Additionally, this model can explain the internal correlation between inflation and output observed in the data. The second essay presents two important results. First, gains from monetary policy cooperation are different from zero when the elasticity of substitution between domestic and imported goods consumption is different from one. Second, when monetary policy is endogenous in a two-country model, the only Nash equilibria supported by this model are those that are symmetrical. That is, all exporting firms in both countries choose to price in their own currency, or all exporting firms in both countries choose to price in the importer's currency. The last essay provides both conditional and unconditional predictive ability evaluations of the aluminum futures contracts prices, by using five different econometric models, in forecasting the aluminum spot price monthly return 3, 15, and 27-months ahead for the sample period 1989.01-2010.10. From these evaluations, the best model in forecasting the aluminum spot price monthly return 3 and 15 months ahead is followed by a (VAR) model whose variables are aluminum futures contracts price, aluminum spot price and risk free interest rate, whereas for the aluminum spot price monthly return 27 months ahead is a single equation model in which the aluminum spot price today is explained by the aluminum futures price 27 months earlier. Finally, it shows that iterated multiperiod-ahead time series forecasts have a better conditional out-of-sample forecasting performance of the aluminum spot price monthly return when an estimated (VAR) model is used as a forecasting tool. Advisors/Committee Members: Jansen, Dennis W. (advisor), Jinnai, Ryo (committee member), Zervou, Anastasia (committee member), Gawande, Kishore S. (committee member).

Subjects/Keywords: sticky prices; international comovements; inflation; money; productivity; endogenous currency choice; monetary policy cooperation; optimal monetary policy; second order approximation; sticky prices; two-country; Aluminum; Forecast Evaluation; Futures contracts; London Metal Exchange; Multistep forecasts

Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7

Record DetailsSimilar RecordsGoogle PlusoneFacebookTwitterCiteULikeMendeleyreddit

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6th Edition):

Bejarano Rojas, J. A. (2012). Essays in International Macroeconomics and Forecasting. (Doctoral Dissertation). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/ETD-TAMU-2011-08-9850

Chicago Manual of Style (16th Edition):

Bejarano Rojas, Jesus Antonio. “Essays in International Macroeconomics and Forecasting.” 2012. Doctoral Dissertation, Texas A&M University. Accessed October 29, 2020. http://hdl.handle.net/1969.1/ETD-TAMU-2011-08-9850.

MLA Handbook (7th Edition):

Bejarano Rojas, Jesus Antonio. “Essays in International Macroeconomics and Forecasting.” 2012. Web. 29 Oct 2020.

Vancouver:

Bejarano Rojas JA. Essays in International Macroeconomics and Forecasting. [Internet] [Doctoral dissertation]. Texas A&M University; 2012. [cited 2020 Oct 29]. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-2011-08-9850.

Council of Science Editors:

Bejarano Rojas JA. Essays in International Macroeconomics and Forecasting. [Doctoral Dissertation]. Texas A&M University; 2012. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-2011-08-9850


Texas A&M University

2. Han, Kyoung Soo. Durable Goods, Price Indexes, and Monetary Policy.

Degree: PhD, Economics, 2009, Texas A&M University

The dissertation studies the relationship among durable goods, price indexes and monetary policy in two sticky-price models with durable goods. One is a one-sector model with only durable goods and the other is a two-sector model with durable and non-durable goods. In the models with durable goods, the COLI (Cost of Living Index) and the PPI (Producer Price Index) identical to the CPI (Consumer Price Index) measured by the acquisitions approach are distinguished, and the COLI/PPI ratio plays an important rule in monetary policy transmission. The welfare function based on the household utility can be represented by a quadratic function of the quasi-differenced durables-stock gaps and the PPI inflation rates. In the one-sector model, the optimal policy maximizing welfare is to keep the (acquisition) price and the output gap at a constant rate which does not depend on the durability of consumption goods. In the two-sector model with sticky prices, the central bank has only one policy instrument, so it cannot cope with distortions in both sectors. Simulation results show that the PPI is an adequate price index for monetary policy and that a policy of targeting core inflation constructed by putting more weight on prices in the sector producing more durable goods is near optimal. Advisors/Committee Members: Jansen, Dennis (advisor), Gawande, Kishore S. (committee member), Hernandez-Verme, Paula (committee member), Kim, Hagen (committee member).

Subjects/Keywords: durable good; price index; optimal monetary policy

Record DetailsSimilar RecordsGoogle PlusoneFacebookTwitterCiteULikeMendeleyreddit

APA · Chicago · MLA · Vancouver · CSE | Export to Zotero / EndNote / Reference Manager

APA (6th Edition):

Han, K. S. (2009). Durable Goods, Price Indexes, and Monetary Policy. (Doctoral Dissertation). Texas A&M University. Retrieved from http://hdl.handle.net/1969.1/ETD-TAMU-2930

Chicago Manual of Style (16th Edition):

Han, Kyoung Soo. “Durable Goods, Price Indexes, and Monetary Policy.” 2009. Doctoral Dissertation, Texas A&M University. Accessed October 29, 2020. http://hdl.handle.net/1969.1/ETD-TAMU-2930.

MLA Handbook (7th Edition):

Han, Kyoung Soo. “Durable Goods, Price Indexes, and Monetary Policy.” 2009. Web. 29 Oct 2020.

Vancouver:

Han KS. Durable Goods, Price Indexes, and Monetary Policy. [Internet] [Doctoral dissertation]. Texas A&M University; 2009. [cited 2020 Oct 29]. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-2930.

Council of Science Editors:

Han KS. Durable Goods, Price Indexes, and Monetary Policy. [Doctoral Dissertation]. Texas A&M University; 2009. Available from: http://hdl.handle.net/1969.1/ETD-TAMU-2930

.