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Employing a Bayesian approach, we investigate the impact of international business cycles on the UK economy in the context of a smooth transition VAR. We find that British business cycle is asymmetrically influenced by the US, France and Germany. Overall, positive and negative shocks generating...
Persistent link: https://www.econbiz.de/10005422700
nations of the world. The common components are modeled to exhibit different behavior in the expansion and recession phases of …
Persistent link: https://www.econbiz.de/10005394999
interdependence among LA countries and, in addition, between each of them and the three world largest industrial economies: the US …
Persistent link: https://www.econbiz.de/10005405099
This paper investigates how changes in trade linkages between China, Latin America, and the rest of the world have …
Persistent link: https://www.econbiz.de/10010762706
results of our Global VAR model of the world economy indicate that the economic consequences of El Niño shocks differ across …
Persistent link: https://www.econbiz.de/10010790556
American (LA) countries and the four largest economies in the world (namely the US, the Euro area, Japan and China) over the …
Persistent link: https://www.econbiz.de/10010592915
American (LA) countries and the four largest economies in the world (namely the US, the Euro area, Japan and China) over the …
Persistent link: https://www.econbiz.de/10010595388
world have altered the transmission mechanism of international business cycles to Latin America. Evidence based on a Global … world shows that the long-term impact of a China GDP shock on the typical Latin American economy has increased by three … associated with a deceleration in China’s economic growth in the future for both Latin America and the rest of the world economy …
Persistent link: https://www.econbiz.de/10009225765
interdependence among LA countries and, in addition, between each of them and the three world largest industrial economies: the US …
Persistent link: https://www.econbiz.de/10008805833
Cooperation Council (GCC) countries and MENA oil exporters to the rest of the world. This analysis is based on a Global Vector …
Persistent link: https://www.econbiz.de/10010699832