The growth-at-risk (GaR) framework links current macrofinancial conditions to the distribution of future growth. Its … GaR analysis, policymakers can quantify the likelihood of risk scenarios, which would serve as a basis for preemptive …

This paper uses the Growth-at-Risk (GaR) methodology to examine how macrofinancial conditions affect the growth outlook …

changes in bond spreads over the sample, global market risk factors are fundamental driving forces during periods of stress …. The relative importance of the different risk factors changes substantially depending on the crisis episode. Contagion …

We study the growth determinants in the Eastern Caribbean Currency Union (ECCU), using the Growth at Risk (GaR …

We investigate how corporate stock returns respond to geopolitical risk in the case of South Korea, which has … risk from North Korea (the GPRNK index) is constructed using automated keyword searches in South Korean media. The GPRNK … index, designed to capture both upside and downside risk, corroborates that geopolitical risk sharply increases with the …

This paper assesses liquidity risk for the United States (U.S.) bond mutual funds industry and performs a range of …

The paper discusses the limits to market-based risk transfer in the financial system and the implications for the … markets as part of governments'' role as a risk manager …