Satellite-GVAR model appears to be a useful tool for analysing plausible global macrofinancial shock scenarios designed for …

The process of globalization encompasses economic and financial integration. Abolition of capital controls and … and inflation rates. China has recently adopted International Financial Reporting Standards (IFRS) in her efforts to … in a way that fosters further economic growth in China. …

.S. output shock as it does to a corresponding euro area shock. The pivotal role of the U.S.A. in shaping the global business …

emergence of large economic players, like China, is likely to have weakened the role of the U.S. economy as a driver of global … to the rest of the world tends to fluctuate over time but remains large overall. Second, although the size of the spill … persistent. Actually, the increasing economic integration at the world level is likely to have fostered second-round and third …

the associations of growth level, growth volatility, shocks, institutions, and macroeconomic fundamentals have changed in …, including global growth, global oil prices, and global financial volatility. After accounting for the effects global shocks, we … rate flexibility, education attainment, and lack of political polarization reduce the volatility of economic growth …

investigate whether monetary policy has become less effective in the wake of financial globalization. We also examine whether … there is increasing uncertainty for central banks due to globalization-driven changes in the national economic structure. A …

investigate whether monetary policy has become less effective in the wake of financial globalization. We also examine whether … there is increasing uncertainty for central banks due to globalization-driven changes in the national economic structure. A …