transmission of commodity price shocks to commodity-importing and exporting economies, and for commodity price forecasting …

unfavorable harvest shocks in other regions of the world significantly curtail domestic economic activity. The effects are much …

This paper examines the demand and supply shocks observed in the present Eurozone member states and those observed in …

response to unexpected demographic, financial and macro-economic shocks. Our analysis is based on an applied many … simulations show that pension buffers are highly volatile when the shocks are drawn from realistically modelled multivariate shock …

trade shocks and capital flows are analyzed. The choice of the nominal exchange rate regime is found to be a crucial factor … in the way various shocks are transmitted through the monetary sector. A logit model is used on panel data and … preliminary results indicate that countries with flexible regimes were able to lessen the impact of external shocks on the …

beneficial when the correlation of the shocks hitting the various economies is low. However, given the potentially adverse … likely to be counterproductive when demand or supply shocks are highly symmetric across countries and the governments are …