International evidence on economic policy uncertainty and asymmetric adjustment of audit pricing: Big 4 versus non-big 4 auditors

2018 ◽  
Vol 45 (5-6) ◽  
pp. 728-756 ◽  
Author(s):  
Min Zhang ◽  
Haoran Xu ◽  
Lijing Tong ◽  
Tingting Ye
Keyword(s):  
Economic Policy ◽  
Policy Uncertainty ◽  
Asymmetric Adjustment ◽  
Audit Pricing ◽  
Economic Policy Uncertainty ◽  
International Evidence ◽  
Big 4

scholarly journals Economic Policy Uncertainty Linkages among Asian Countries: Evidence from Threshold Cointegration Approach

2021 ◽  
Vol 2021 ◽  
pp. 1-15
Author(s):  
Prince Mensah Osei ◽  
Reginald Djimatey ◽  
Anokye M. Adam
Keyword(s):  
Economic Policy ◽  
Causal Relationship ◽  
Policy Uncertainty ◽  
Threshold Cointegration ◽  
Asian Countries ◽  
Asymmetric Adjustment ◽  
Economic Policy Uncertainty ◽  
Long Run ◽  
Short Run ◽  
Spectral Frequency

This paper employs the threshold cointegration methodology to assess the long- and short-run dynamics of asymmetric adjustment between economic policy uncertainty (EPU) of China-India, China-Japan, China-Korea, India-Japan, India-Korea, and Japan-Korea pairs using monthly EPU data ranging from January 1997 to April 2020. The relationship between the EPU pairs is examined in terms of Engle-Granger and threshold cointegrations. The findings provide evidence of long-run threshold cointegration and that the adjustments towards the long-run equilibrium position are asymmetric in the short run for the China-India and India-Japan EPU pairs in M-TAR specification with nonzero threshold values. Also, the results suggest a unidirectional causal relationship between China-India, China-Japan, and India-Korea EPU pairs in the long and short run using the spectral frequency domain causality approach. However, a bidirectional causal relationship between China-Korea, India-Japan, and Japan-Korea pairs exists in the long and short run. Therefore, the findings provide some clues to economic policymakers within the Asian subregion for possible policy uncertainty synergies and spillovers among the Asian countries.

scholarly journals Does Economic Policy Uncertainty Affect Exchange Rate in China and Japan? Evidence from Threshold Cointegration with Asymmetric Adjustment

2022 ◽  
Vol 12 (1) ◽  
pp. 28-36
Author(s):  
Riadh El Abed ◽  
Zouheir Mighri ◽  
Abderrazek Ben Hamouda
Keyword(s):  
Economic Policy ◽  
Threshold Effect ◽  
Adjustment Process ◽  
Policy Uncertainty ◽  
Threshold Cointegration ◽  
Asymmetric Effect ◽  
Asymmetric Adjustment ◽  
Economic Policy Uncertainty ◽  
Nominal Exchange Rates ◽  
China And Japan

In this article, we estimate the links between nominal exchange rates (JPY/USD and CNY/USD) and economic policy uncertainty (EPU) in China and Japan by employing monthly data during the period span from January 1997 to September 2020. The threshold cointegration approach focus in TAR, M-TAR, C-TAR and C-MTAR is used. Results indicate the evidence of asymmetric effect in the adjustment process to equilibrium and the M-TAR is the best model to detect threshold effect for the (CNY/USD-CNYEPU) pair and the C-TAR is the best model to detect threshold effect for the (JPY/USD-JPYEPU) pair.  

Dividends and economic policy uncertainty: International evidence

2021 ◽  
Vol 66 ◽  
pp. 101785
Author(s):  
Najah Attig ◽  
Sadok El Ghoul ◽  
Omrane Guedhami ◽  
Xiaolan Zheng
Keyword(s):  
Economic Policy ◽  
Policy Uncertainty ◽  
Economic Policy Uncertainty ◽  
International Evidence
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