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methodology also provides new insights into the macroeconomic effects of sovereign risk in the euro area as well as the … transmission of geopolitical risk to the US economy. …
Persistent link: https://www.econbiz.de/10015405890
the world. By tightening financial conditions globally, these shocks affect the left tail of the conditional output growth …
Persistent link: https://www.econbiz.de/10013459721
declines in output, in ation, and the interest rate. Moreover, we document strong global impacts, making the world move in a …
Persistent link: https://www.econbiz.de/10012418859
We investigate the macroeconomic effects of two recent major geopolitical events on the euro area economy, namely, the outbreak of the Israel-Hamas war and the Russian invasion of Ukraine. To take into account the heterogeneity of geopolitical events, we do not seek to identify a homogeneous...
Persistent link: https://www.econbiz.de/10015401983
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 …
Persistent link: https://www.econbiz.de/10010207060
Persistent link: https://www.econbiz.de/10011748355
Persistent link: https://www.econbiz.de/10012210880
Persistent link: https://www.econbiz.de/10012438369
Persistent link: https://www.econbiz.de/10014470421
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 …
Persistent link: https://www.econbiz.de/10013155344