Showing 1 - 10 of 331
This paper quantifies the effect of realized and potential global growth disappointments on export volumes from the Middle East, North Africa, the Caucasus, and Central Asia. Estimates of export elasticities with respect to trading partner GDP indicate non-oil export volumes are relatively...
Persistent link: https://www.econbiz.de/10011142158
these spillovers into trade, commodity price, and financial market channels. For Canada, a one percent shock to U.S. real ….S. shock-"when the U.S. sneezes, Mexico catches a cold". These spillovers are transmitted through both trade and financial …This paper examines linkages across North America by estimating the size of spillovers from the major regions of the …
Persistent link: https://www.econbiz.de/10005264075
This paper examines the economic and financial linkages between Morocco and Tunisia and their European partners. Using structural vector autoregressions, we find that growth shocks in European partner countries generate significant responses on growth in Morocco and Tunisia. For Tunisia, exports...
Persistent link: https://www.econbiz.de/10008727792
This paper discusses Ireland's trade and financial linkages with key partner countries, and uses a vector …
Persistent link: https://www.econbiz.de/10005599423
This paper reexamines the relationship between trade integration and business cycle synchronization (BCS) using new … value-added trade data for 63 advanced and emerging economies during 1995–2012. In a panel framework, we identify a strong … positive impact of trade intensity on BCS—conditional on various controls, global common shocks and country …
Persistent link: https://www.econbiz.de/10011142047
We examine how Korea’s capital flows and trade have been affected by the quantitative easing (QE) of the United … in the world market for trade. We find that QE had little direct impact on capital flows to Korea, and tapering is … the exchange rate spillover from QQME to Korea has been limited both on trade and capital flow fronts. …
Persistent link: https://www.econbiz.de/10011142093
countries, away from advanced economies, they have also led SSA countries to become more susceptible to spillovers from China …
Persistent link: https://www.econbiz.de/10011142109
acknowledge and appreciate the spillovers resulting from such UMPs. Central banks of the AEs, who have set up standing mutual swap …
Persistent link: https://www.econbiz.de/10010790334
debated in global and national policy circles. When the U.S. resorted to unconventional monetary policy, spillovers on asset …-term bond yields. Instead, we find that larger spillovers stem more from structural factors, such as the use of new instruments …
Persistent link: https://www.econbiz.de/10011123869
This paper studies economic and financial spillovers from the euro area to Poland in a two-country semi …-structural model. The model incorporates various channels of macrofinancial linkages and cross-border spillovers. We parameterize the …
Persistent link: https://www.econbiz.de/10011142199