efficiency improvements are policy-induced in certain regions of the world. We are especially interested in feedback mechanisms …

.0 percent of world population, implying 150 million deaths when applied to current population. Regressions with annual …

shocks prior to July 2014, reflecting a slowing global economy, and $16 to positive oil supply shocks and to shocks to … with an unexpectedly weakening economy in December 2014, which lowered the price of oil by an additional $9 and $13 …

this within a compact quarterly model of the global economy to illustrate how our multi-country approach to modelling oil … the global economy (real outputs and financial markets) mainly due to an increase in Saudi Arabian oil production. In … supply shock has significant adverse effects for the global economy with real GDP falling in both advanced and emerging …

demand and supply shocks. The results show that higher macroeconomic uncertainty, as measured by higher world industrial …

for the US and the global economy. In this paper, using a quarterly multi-country econometric model, we first show that a … after the shock). We then re-examine the effects of low oil prices on the US economy over different sub-periods using …