Search Results - "CHENG, CHAK HUNG JACK"

How important are global geopolitical risks to emerging countries? by Cheng, Chak Hung Jack, Chiu, Ching-Wai (Jeremy)

“…This paper shows that shocks to global geopolitical risk carry considerable business cycle implications for emerging economies. We estimate structural VAR…”
Get full text

Health care policy uncertainty, real health expenditures and health care inflation in the USA by Cheng, Chak Hung Jack, Witvorapong, Nopphol

“…Based on a structural VAR model estimated with Bayesian methods over the period of 1985Q1–2017Q1, we investigate the effects of health care policy uncertainty…”
Get full text

Nonlinear Effects of Mortgage Spreads Over the Business Cycle by CHENG, CHAK HUNG JACK, CHIU, CHING‐WAI (JEREMY)

“…This paper provides robust evidence for the nonlinear effects of mortgage spread shocks during recessions and expansions in the United States. Estimating a…”
Get full text

Export Currency Pricing and Fiscal Multipliers by Cheng, Chak Hung Jack

“…This paper develops a small open economy dynamic stochastic general equilibrium model to study the implications of the use of foreign currency in export…”
Get full text

Corporate decision making in the presence of political uncertainty: The case of corporate cash holdings by Hankins, William B., Stone, Anna‐Leigh, Cheng, Chak Hung Jack, Chiu, Ching‐Wai (Jeremy)

“…Using a quarterly panel of U.S. corporations over the period 1985–2014, we show that corporate managers respond to political uncertainty and economic policy…”
Get full text

Exchange Rate Pass-through, Unemployment and Optimal Implementable Monetary Policy Rule for Emerging Economies by Cheng, Chak Hung Jack

“…This paper develops a small open economy model with nominal rigidities and search-matching frictions to study the implications of exchange rate pass-through…”
Get full text

Effects of foreign and domestic economic policy uncertainty shocks on South Korea by Cheng, Chak Hung Jack

“…This paper investigates the effects of foreign and domestic economic policy uncertainty shocks on South Korea via structural VARs. The results show that both…”
Get full text

Health care policy uncertainty and state-level employment by Witvorapong, Nopphol, Cheng, Chak Hung Jack

“…This study investigates the effects of health care policy uncertainty (HCPU) on aggregate- and state-level employment in the USA. Using quarterly data during…”
Get full text

The impact of uncertainty shocks on state-level employment by Hankins, William B., Cheng, Chak Hung Jack, Stone, Anna-Leigh

“…Using U.S. data over the period 1960Q3–2019Q4 we estimate a structural factor-augmented vector autoregressive model and find that a one standard deviation…”
Get full text

Does US partisan conflict matter for the Euro area? by Cheng, Chak Hung Jack, Hankins, William B., Chiu, Ching-Wai (Jeremy)

“…This paper highlights the international transmission of political uncertainty originated from a US partisan conflict shock, a newly identified shock that…”
Get full text

Partisan conflict, policy uncertainty and aggregate corporate cash holdings by Cheng, Chak Hung Jack, Chiu, Ching-Wai (Jeremy), Hankins, William B., Stone, Anna-Leigh

“…This paper distinguishes political uncertainty from policy uncertainty shocks and uncovers new empirical facts about how each impacts the aggregate cash…”
Get full text

Labor Market Rigidities and Ramifications of the Asian Financial Crisis: What Can We Learn from Hong Kong's Experience? by Cheng, Chak Hung Jack

“…The economic downfall experienced by Hong Kong during the Asian financial crisis is bewildering since Hong Kong did not undergo large currency devaluations as…”
Get full text