This paper examines volatility spillovers from mature to emerging stock markets and tests for changes in the …

Even prior to the extreme volatility just observed, output growth volatility-following protracted decline … country to transmit rapidly to other countries, creating the potential for heightened global volatility. The higher … emerging markets in international trade. Increased international spillovers call for stronger ex post coordination mechanisms …

This paper, using T-GARCH models, finds that the United States has been the major source of price and volatility … spillovers to stock markets in the Asian region during three different periods in the last decade: the pre-Long Term Capital … ""stock market correction"" period. There is also evidence of structural breaks in the stock price and volatility dynamics …

This paper investigates possible drivers of volatility in the South African rand since the onset of the global … financial crisis. We assess the role played by local and international economic surprises, commodity price volatility, global … market risk perceptions, and local political uncertainty. As a measure of rand volatility, the study uses a market …

wage rises even as unemployment began to decline. Spillovers of subdued wage growth between euro area countries also …

monetary and financial conditions, leading to novel international spillovers and crucial departures from Mundell's trilemma. We …

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 …