Similar Search Results

The great plunge in oil prices : causes, consequences, and policy responses

Baffes, John; Kose, M. Ayhan; Ohnsorge, Franziska; … - 2015

Persistent link: https://www.econbiz.de/10011342403

Understanding financial crises : causes, consequences, and policy responses

Claessens, Stijn; Kose, M. Ayhan; Laeven, Luc; … - 2013

Persistent link: https://www.econbiz.de/10009702965

What has been the impact of COVID-19 on debt? : turning a wave into a tsunami

Kose, M. Ayhan; Nagle, Peter; Ohnsorge, Franziska; … - 2021

Persistent link: https://www.econbiz.de/10012878196

Global Macro-Financial Cycles and Spillovers

Ha, Jongrim - 2020

We develop a new dynamic factor model that allows us to jointly characterize global macroeconomic and financial cycles and the spillovers between them. The model decomposes macroeconomic cycles into the part driven by global and country-specific macro factors and the part driven by spillovers...

Persistent link: https://www.econbiz.de/10012479322

On the Global Impact of Risk-off Shocks and Policy-put Frameworks

Caballero, Ricardo J. - 2019

Global risk-off shocks can be highly destabilizing for financial markets and, absent an adequate policy response, may trigger severe recessions. Policy responses were more complex for developed economies with very low interest rates after the Global Financial Crisis (GFC). We document, however,...

Persistent link: https://www.econbiz.de/10012479979

Cross-Country Causes and Consequences of the Crisis : An Update

Rose, Andrew K. - 2010

We update Rose and Spiegel (2009a, b) and search for simple quantitative models of macroeconomic and financial indicators of the "Great Recession" of 2008-09. We use a cross-country approach and examine a number of potential causes that have been found to be successful indicators of crisis...

Persistent link: https://www.econbiz.de/10012462412

The "Other" Imbalance and the Financial Crisis

Caballero, Ricardo J. - 2010

the U.S. would experience a sudden stop of capital flows, which would unavoidably drag the world economy into a deep … of exposing the economy to a systemic panic. This structural problem can be alleviated if governments around the world … instead that the root imbalance was of a different kind: The entire world had an insatiable demand for safe debt instruments …

Persistent link: https://www.econbiz.de/10012463014

Cross-Country Causes and Consequences of the 2008 Crisis : International Linkages and American Exposure

Rose, Andrew K. - 2009

This paper models the causes of the 2008 financial crisis together with its manifestations, using a Multiple Indicator Multiple Cause (MIMIC) model. Our analysis is conducted on a cross-section of 85 countries; we focus on international linkages that may have allowed the crisis to spread across...

Persistent link: https://www.econbiz.de/10012463292

Cross-Country Causes and Consequences of the 2008 Crisis : Early Warning

Rose, Andrew K. - 2009

This paper models the causes of the 2008 financial crisis together with its manifestations, using a Multiple Indicator Multiple Cause (MIMIC) model. Our analysis is conducted on a cross-section of 107 countries; we focus on national causes and consequences of the crisis, ignoring cross-country...

Persistent link: https://www.econbiz.de/10012463293

Global Imbalances and Financial Fragility

Caballero, Ricardo J. - 2009

behind this crisis is the large demand for riskless assets from the rest of the world. In this paper we present a model to …

Persistent link: https://www.econbiz.de/10012463959