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This paper provides a new index of global macroeconomic uncertainty and investigates the cross-country transmission of uncertainty using a global vector autoregressive (GVAR) model. The index measures the dispersion of forecasts resulting from parameter uncertainty in the GVAR. Over the period...
Persistent link: https://www.econbiz.de/10013226308
This paper provides new indices of global macroeconomic uncertainty and investigates the cross-country transmission of uncertainty using a global vector autoregressive (GVAR) model. The indices measure the dispersion of forecasts that results from parameter uncertainty in the GVAR. Relying on...
Persistent link: https://www.econbiz.de/10012831182
also called "global risk indicators". The MSCI (Morgan Stanley Capital International) Emerging Markets Index, which is the … and used as a benchmark. Therefore, in this study, the relationship between the MSCI EM Index and the global risk … global risk indicators to the MSCI EM Index were determined. …
Persistent link: https://www.econbiz.de/10013368196
Senegal has one of the most effective and comprehensive nutrition service delivery systemsin Africa. Between 1991 … stepped up nutrition-sensitive interventions in relevant sectors such as agriculture, education, water and sanitation, social … protection, or health. This absence of nutrition-sensitive interventions, combined with aseries of external shocks (economic …
Persistent link: https://www.econbiz.de/10012646525
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This paper proposes a large-scale Bayesian vector autoregression with factor stochastic volatility to investigate the macroeconomic consequences of international uncertainty shocks in G7 countries. The curse of dimensionality is addressed by means of a global-local shrinkage prior that mimics...
Persistent link: https://www.econbiz.de/10012037349
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