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policy shock. Our Simulation results suggest that both Turkey and Poland exhibit pronounced short- to medium …While both Turkey and Poland weathered the 2008/2009 crisis relatively well compared to other countries in Central …-run macroeconomic responses to U.S. monetary policy shocks. The responses of Turkey tend to be somewhat stronger than those of Poland …
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The paper inquires into the impact of contemporary major world events - the recession in the United States and Western Europe, the oil price hike, and the Arab Spring - on the flow of overseas Filipino workers or OFWs and their remittances. The paper finds that the recession in the West has not...
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