Heightened Foreign Economic Policy Uncertainty Shocks on the South African Economy: The Role of Credit Conditions and the Capital Flows Channels

Author(s):  
Eliphas Ndou ◽  
Nombulelo Gumata ◽  
Mthuli Ncube
2020 ◽  
Vol 35 (1) ◽  
pp. 115-122 ◽  
Author(s):  
James E. Payne ◽  
Mert Topcu ◽  
Massomeh Hajille ◽  
Farhang Niroomand

2020 ◽  
pp. 135481662098119
Author(s):  
James E Payne ◽  
Nicholas Apergis

This research note extends the literature on the role of economic policy uncertainty and geopolitical risk on US citizens overseas air travel through the examination of the forecast error variance decomposition of total overseas air travel and by regional destination. Our empirical findings indicate that across regional destinations, US economic policy uncertainty explains more of the forecast error variance of US overseas air travel, followed by geopolitical risk with global economic policy uncertainty explaining a much smaller percentage of the forecast error variance.


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