Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10011349878
In a highly interlinked global economy a key question is how foreign shocks transmit to the domestic economy, how domestic shocks affect the rest of the world, and how policy actions mitigate or amplify spillovers. For policy analysis in such a context global multi-country macroeconomic models...
Persistent link: https://www.econbiz.de/10012438713
In a highly interlinked global economy a key question for policy makers is how foreign shocks and policies transmit to the domestic economy. We develop a semi-structural multi-country model with rich real and financial channels of international shock propagation for the euro area, the US, Japan,...
Persistent link: https://www.econbiz.de/10011636171
This study tests for the state-dependent response of monetary policy to increases in overall financial stress and financial sector-specific stress across a panel of advanced and emerging economy central banks. We use a factor-augmented dynamic panel threshold regression model with (estimated)...
Persistent link: https://www.econbiz.de/10011636194
Persistent link: https://www.econbiz.de/10011618658