Showing 1 - 10 of 250
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
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
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
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
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
With a fixed peg to the U.S. dollar for more than three decades, the tourism-dependent Eastern Caribbean Currency Union (ECCU) countries share a close economic relationship with the U.S. This paper analyzes the impact of the United States on ECCU business cycles and identifies possible...
Persistent link: https://www.econbiz.de/10004999953
The paper examines the scope for cross-border spillovers among major EU banks using information contained in the stock … prices and financial statements of these banks. The results suggest that spillovers within domestic banking systems generally …
Persistent link: https://www.econbiz.de/10005263655
We estimate international technology spillovers to U.S. manufacturing firms via imports and foreign direct investment … gains for domestic firms. The size of FDI spillovers is economically important, accounting for about 11 percent of … productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for import-related spillovers, but it …
Persistent link: https://www.econbiz.de/10005263684
This paper examines linkages across North America by estimating the size of spillovers from the major regions of the … these spillovers into trade, commodity price, and financial market channels. For Canada, a one percent shock to U.S. real … GDP shifts Canadian real GDP by some ¾ of a percentage point in the same direction- with financial spillovers more …
Persistent link: https://www.econbiz.de/10005264075
methodology to estimate these two channels of spillovers. We first propose an index of a firm's sensitivity to consumer demand …
Persistent link: https://www.econbiz.de/10005264107