nonlinear factor models designed to infer recessionary episodes of heterogeneous deepness, and fitted to the largest advanced … updated as soon as new regional data is released, as we show by measuring the economic effects of coronavirus. Second, it … provides a consistent narrative of the main regional contributors of world economy's weakness. Third, it allows to perform …

nonlinear factor models designed to infer recessionary episodes of heterogeneous deepness, and fitted to the largest advanced … updated as soon as new regional data is released, as we show by measuring the economic effects of coronavirus. Second, it … provides a consistent narrative of the main regional contributors of world economy's weakness. Third, it allows to perform …

domestic housing markets to the rest of the world …

To what extent is the international business cycle affected by the fact that an essential input (oil) is traded on the … world market? We quantify the contribution of oil by setting up a model with separate shocks to efficiencies of capital … international comovement puzzle. …