financial crises in the late 1990s: Brazil, Russia, and Thailand. Our findings indicate that financial turbulence in these …, spillovers are confined to countries in the same region. We also find that fragility in institutions in the financial centers is … at the core of global spillovers while economic and monetary policy news contributes to regional spillovers …

labor markets, this paper estimates the macroeconomic benefits and international spillovers of an increase in competition … conditions. Third, greater competition can generate positive spillovers to the rest of the world through its impact on the terms …

spillovers shape demand from the consumers who have trialed the rival product--the potential switchers. In the first period … repeat and switching consumers. Demand-side information spillovers offer an explanation of how competing firms in new product …

&D investments being complementary to each other, and to what extent are potential R&D spillovers internalized in the market? …

also document cross-vaccine spillovers: the mandates increased adolescent vaccination for meningococcal disease and human …

instruments to study international spillovers of prudential policy changes and their effects on bank lending growth. The … bank lending. Second, international spillovers vary across prudential instruments and are heterogeneous across banks. Bank …-specific factors like balance sheet conditions and business models drive the amplitude and direction of spillovers to lending growth …

that the R&D generated by the tax policy creates positive spillovers on the innovations of techno-logically related firms …