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Browsing Research Articles (Economics) by Author "Liao, Wenting"
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Cepni, Oguzhan; Gupta, Rangan; Liao, Wenting; Ma, Jun
(Wiley, 2024-03)
In this paper, we first utilize a dynamic factor model with stochastic volatility (DFM-SV) to filter out the national factor from the local components of weekly state-level economic conditions indexes of the United States ...
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Liao, Wenting; Sheng, Xin; Gupta, Rangan; Karmakar, Sayar
(Elsevier, 2024-05)
This study investigates the impact of a metric of extreme weather shocks on 32 state-level inflation rates of the United States (US) over the quarterly period of 1989:01 to 2017:04. In this regard, we first utilize a dynamic ...