The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009 …, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off by …

large parts of the world. In this paper we explore the financial and the trade channel in a unified framework and quantify …

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 …

the world. By tightening financial conditions globally, these shocks affect the left tail of the conditional output growth …

the world. By tightening financial conditions globally, these shocks affect the left tail of the conditional output growth …

the world. By tightening financial conditions globally, these shocks affect the left tail of the conditional output growth …

. Furthermore there is evidence that the World Economy Outlook published by the IMF has systematically been biased upwards …

The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009 …, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off by …