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The global economy is losing steam. After a weak start in the beginning of this year, world production accelerated … 2020 world output is expected to rise by 3.4 percent. Despite the gradual global economic slowdown, capacity utilization in …
Persistent link: https://www.econbiz.de/10012060516
World economic growth is moderating accompanied by a broad-based deterioration in economic sentiment. Following a … to expect world production to increase by 3.4 percent. The escalation of trade conflicts, the possibility of a “hard …
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This paper estimates a DSGE model with many types of shocks and frictions for both the US and the euro area economy over a common sample period (1974-2002). The structural estimation methodology allows us to investigate whether differences in business cycle behaviour are due to differences in...
Persistent link: https://www.econbiz.de/10013137108
This paper estimates a DSGE model with many types of shocks and frictions for both the US and the euro area economy over a common sample period (1974-2002). The structural estimation methodology allows us to investigate whether differences in business cycle behaviour are due to differences in...
Persistent link: https://www.econbiz.de/10011625697
is likely to decline again in the fourth quarter, output should continue to rise in most of the rest of the world, with … global growth from September by 0.2 percentage points for 2020 and by 0.6 percentage points for 2021. We now expect world … world trade in goods, we expect an increase of 8.8 percent, following a decline of 5.4 percent this year. …
Persistent link: https://www.econbiz.de/10012392680
The world economy contracted by close to 10 percent in the first half of 2020 as the COVID-10 pandemic unfolded. After … world implemented measures to contain the virus and households voluntarily adopted social distancing and reduced spending in … likely to weigh on investment. As a result, we do not expect world output to return to the pre-crisis trend in the coming …
Persistent link: https://www.econbiz.de/10012302343