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and Czech crises is muted, the pattern of high-frequency spillovers during the Russian crisis looks very similar to that …
Persistent link: https://www.econbiz.de/10014399957
, German fiscal spillovers to the CE4 and more broadly to the rest of the euro area, have increased over time, but are still …
Persistent link: https://www.econbiz.de/10012667496
Co-movement (synchronicity) in inflation rates among a set of 13 emerging and developing countries in Asia is shown to be strongest for the food component, partly due to common rainfall shocks-a result which the paper terms the 'monsoon effect.' Economies with higher trade integration and...
Persistent link: https://www.econbiz.de/10012102097
wage rises even as unemployment began to decline. Spillovers of subdued wage growth between euro area countries also …
Persistent link: https://www.econbiz.de/10012102142
monetary and financial conditions, leading to novel international spillovers and crucial departures from Mundell's trilemma. We …
Persistent link: https://www.econbiz.de/10012112314
The COVID-19 pandemic prompted a collapse in international tourism, severely impacting the tourism-dependent economies in the Asia and Pacific region. Once countries start reopening, tourism diversion effects could accelerate the recovery in countries that establish themselves as more attractive...
Persistent link: https://www.econbiz.de/10012796804
This paper assesses liquidity risk for the United States (U.S.) bond mutual funds industry and performs a range of analyses to identify which fund categories are more vulnerable to distress than others, and how sales from funds can impact financial stability. We develop a new measure to identify...
Persistent link: https://www.econbiz.de/10012605013
This paper examines the role of sectoral spillovers in propagating sectoral shocks in the broader economy, both in the … past and during the COVID-19 pandemic. In particular, we study how shocks that occur within a sector itself and spillovers … historical estimates, together with the network structure of global production, to quantify the spillovers from the economic …
Persistent link: https://www.econbiz.de/10012605501
the supply and demand channels in trade by quantifying the causal effect of supply spillovers from lockdowns. We utilize a … spillovers of lockdowns through international trade. Moreover, the evidence is suggestive of the downstream propagation of …
Persistent link: https://www.econbiz.de/10012486099
value added of the car sector attributable to spillovers via supply chains within and across borders. Within borders, the … associated demand effects. Across borders, spillovers from the pandemic-induced labor supply shocks that originate in other …
Persistent link: https://www.econbiz.de/10013170591