Showing 1 - 10 of 418
Persistent link: https://www.econbiz.de/10009380649
We build a new empirical model to estimate the global impact of an increase in the volatility of US monetary policy shocks. Specifically, we admit time-varying variances of local structural shocks from a stochastic volatility specification. By allowing for rich dynamic interaction between the...
Persistent link: https://www.econbiz.de/10012418859
Persistent link: https://www.econbiz.de/10013410764
Persistent link: https://www.econbiz.de/10011848172
Persistent link: https://www.econbiz.de/10001590550
Persistent link: https://www.econbiz.de/10001831538
Persistent link: https://www.econbiz.de/10009389394
Persistent link: https://www.econbiz.de/10010412503
Persistent link: https://www.econbiz.de/10012210880
We study the role and the interaction of the quality of institutions and of counter-cyclical policies in leaning against the Global Financial Cycle (GFC) in Emerging Economies (EMEs). We show that heteroegeneity in institutional strength is a key determinant of the different effects of the GFC...
Persistent link: https://www.econbiz.de/10013488632