Sheng_2019_2.docx (107.49 kB)
Graph theory-based network analysis of regional uncertainties of the US Economy
journal contribution
posted on 2023-08-30, 16:39 authored by Rangan Gupta, Marco C. K. Lau, Xin ShengWe study the transmission mechanism of time-varying macroeconomic uncertainty across the US states. We analyse the contemporaneous and temporal causal relationships of uncertainty at the state level by utilising the Bayesian graphical VAR (BGVAR) model. Our results show that the current uncertainty of each state strongly depends on the previous level of uncertainty in its own state. We find evidence of strong contemporaneous and lagged dependence among US states. The analysis of this paper has important policy implications.
History
Refereed
- Yes
Volume
540Page range
123064Publication title
Physica A: Statistical Mechanics and its ApplicationsISSN
0378-4371External DOI
Publisher
ElsevierFile version
- Accepted version
Language
- eng
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Legacy posted date
2019-10-15Legacy creation date
2019-10-15Legacy Faculty/School/Department
Faculty of Business & LawUsage metrics
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