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Global stagflation
Ha, Jongrim; Kose, M. Ayhan; Ohnsorge, Franziska - 2022
Global inflation has risen sharply from its lows in mid-2020, on rebounding global demand, supply bottlenecks, and soaring food and energy prices, especially since the Russian Federation's invasion of Ukraine. Markets expect inflation to peak in mid-2022 and then decline, but to remain elevated...
Persistent link: https://www.econbiz.de/10013256317
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Global economic recovery progresses overall
Gern, Klaus-Jürgen; Hauber, Philipp; Kooths, Stefan; … - 2020
In the third quarter of 2020, the global economy rebounded strongly from the steep fall in output suffered in the first half of the year amid the covid-19 pandemic. Currently, the recovery is being slowed down by another wave of infections and policy measures to contain it, but on aggregate...
Persistent link: https://www.econbiz.de/10012392680
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Gradual recovery after partial rebound
Gern, Klaus-Jürgen; Hauber, Philipp; Kooths, Stefan; … - 2020
The world economy contracted by close to 10 percent in the first half of 2020 as the COVID-10 pandemic unfolded. After a 3 percent drop in activity in the first quarter, global output contacted by some 7 percent as governments around the world implemented measures to contain the virus and...
Persistent link: https://www.econbiz.de/10012302343
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Is a global recession imminent?
Guénette, Justin Damien; Kose, M. Ayhan; Sugawara, Naotaka - 2022
Global growth prospects have deteriorated significantly since the beginning of the year, raising the specter of global recession. This paper relies on insights gleaned from previous global recessions to analyze the recent evolution of economic activity and policies and presents plausible...
Persistent link: https://www.econbiz.de/10013383374
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Is a global recession imminent?
Guénette, Justin Damien; Kose, M. Ayhan; Sugawara, Naotaka - 2022
Persistent link: https://www.econbiz.de/10013478655
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Global stagflation
Ha, Jongrim; Kose, M. Ayhan; Ohnsorge, Franziska - 2022
Persistent link: https://www.econbiz.de/10013466036
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Is a global recession imminent?
Guénette, Justin Damien; Kose, M. Ayhan; Sugawara, Naotaka - 2022
Persistent link: https://www.econbiz.de/10013382332
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Global stagflation
Ha, Jongrim; Kose, M. Ayhan; Ohnsorge, Franziska - 2022
Persistent link: https://www.econbiz.de/10013262657
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Finanz- und Wirtschaftspolitik bei einer anhaltenden monetären Expansion
Kooths, Stefan; Schwarzmüller, Tim; Scheide, Joachim; … - 2014
In Reaktion auf die Finanzkrise hat das Eurosystem seine Geldpolitik massiv gelockert. So hat die Europäische … budgets in several countries of the euro area. This has led to large liquidity flows into Germany. This situation is expected … to continue for some time to come. With huge amounts of excess liquidity already accumulated in the German banking sector …
Persistent link: https://www.econbiz.de/10010343472
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Inflation during the pandemic: what happened? what is next?
Ha, Jongrim; Kose, M. Ayhan; Ohnsorge, Franziska - 2021
We analyze the evolution and drivers of inflation during the pandemic and the likely trajectory of inflation in the near-term using an event study of inflation around global recessions and a factor-augmented vector auto-regression (FAVAR) model. We report three main results. First, the decline...
Persistent link: https://www.econbiz.de/10012584054