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Asymmetric Behaviour (asymmetric + behaviour)

Distribution by Scientific Domains
Business, Economics, Finance and Accounting75%

Selected Abstracts

EXAMINING THE ASYMMETRIC BEHAVIOUR OF MACROECONOMIC AGGREGATES IN ASIAN ECONOMIES

PACIFIC ECONOMIC REVIEW, Issue 5 2008
Paresh Kumar Narayan
Abstract., The goal of this paper is to test for asymmetric behaviour of macroeconomic aggregates for three Asian economies; namely, Malaysia, Hong Kong and Korea. Whether macroeconomic aggregates can be characterised as asymmetric has important implications for policy-making and econometric modelling including forecasting. We examine two forms of asymmetries; specifically deepness, which arises when a detrended time series contains an asymmetric distribution, and steepness, which arises when the first difference of a series contains an asymmetric distribution. Overall, our findings suggest that for all three countries, the bulk of the series display asymmetry behaviour. [source]

Electron-quasiparticle interaction in van Heusler alloy Cu2MnAl

PHYSICA STATUS SOLIDI (C) - CURRENT TOPICS IN SOLID STATE PHYSICS, Issue 1 2006
G. Pristá
Abstract Electron-quasiparticle interaction in single crystal van Heusler ferromagnetic alloy Cu2MnAl (TC = 630 K) has been studied. The temperature dependence of the electrical resistivity , (T ) shows normal metallic behaviour with a shoulder at T , 10 K. Point-contact measurements were carried out at the temperature 4.2 K and in magnetic fields up to 1 T. d2V/dI2 (eV ) dependences in spectroscopic regime show the characteristic energies of the electron-quasiparticle interaction in Cu2MnAl. Moreover, an asymmetric behaviour of dV/dI (eV ) has been detected. The observed behaviour is probably due to partial spin polarisation at the Fermi energy or thermopower effect. (© 2006 WILEY-VCH Verlag GmbH & Co. KGaA, Weinheim) [source]

Do the Central Banks of Australia and New Zealand Behave Asymmetrically?

THE ECONOMIC RECORD, Issue 261 2007
Evidence from Monetary Policy Reaction Functions
We test for evidence of asymmetric behaviour in the monetary policy reaction functions of the central banks of Australia and New Zealand. For the Reserve Bank of New Zealand, we found little evidence of asymmetric behaviour, whereas the Reserve Bank of Australia (RBA) appears to react more aggressively to negative output relative to positive output gaps of the same size. We impose additional structure on our model to help distinguish whether the asymmetric response originates from non-linearity in the inflation equation or from non-linearity in an approximate representation of the RBA's preferences over macroeconomic outcomes. We find that the preferences of the RBA may drive the asymmetry: the RBA appears to dislike negative output gaps more than positive output gaps of the same magnitude. We show this generates only a small increase in the conditional mean of inflation that is statistically indistinguishable from the target rate of inflation. [source]