Search results for "financial cycle"

showing 2 items of 2 documents

Finanšu cikla novērtējums Latvijā

2018

Diplomdarbā tiek novērtēts Latvijas finanšu cikls ar struktūras laikrindu modeļiem (STSM), faktoru analīzi un finanšu cikla indeksu. Cikla robustuma pārbaudei tiek lietota Beijesa modeļu svēršana (BMA) un impulsu reakcijas funkcijas. Iegūtie rezultāti liecina, ka Latvijā finanšu cikls savu virsotni bija sasniedzis 2008. gadā, pastiprinot ekonomiskās krīzes izraisītās sekas. Pēc finanšu cikla samazināšanās fāzes, ciklam ir sākusies jauna ekspansīvā fāze kopš 2015. gada.

financial cyclefinancial cycle composite-indicatorEkonomikafinanšu ciklsstrukturālo laikrindu modeļifinanšu cikla kompozīt-indikators
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Impact of COVID-19 on the travel and tourism industry.

2021

Abstract Our paper is among the first to measure the potential effects of the COVID-19 pandemic on the tourism industry. Using panel structural vector auto-regression (PSVAR) (Pedroni, 2013) on data from 1995 to 2019 in 185 countries and system dynamic modeling (real-time data parameters connected to COVID-19), we estimate the impact of the pandemic crisis on the tourism industry worldwide. Past pandemic crises operated mostly through idiosyncratic shocks' channels, exposing domestic tourism sectors to large adverse shocks. Once domestic shocks perished (zero infection cases), inbound arrivals revived immediately. The COVID-19 pandemic, however, is different; and recovery of the tourism ind…

Economic policybusiness.industry020209 energy05 social sciencesCapacity buildingPublic policyDomestic tourism02 engineering and technologyCOVID-19 ; pandemic crises ; panel structural vector autoregression (PSVAR) ; system dynamics ; tourism industry ; financial cyclesManagement of Technology and Innovation0502 economics and businessSustainabilityPandemic0202 electrical engineering electronic engineering information engineeringBusinessEconomic impact analysisBusiness and International Management050203 business & managementApplied PsychologyTourismRisk managementTechnological forecasting and social change
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