tightened further. Global growth has been moving in the opposite direction: it has declined sharply since the beginning of the … developments, the risk of stagflation-a combination of high inflation and sluggish growth-has risen. The recovery from the … expectations, elevated financial vulnerabilities, and weakening growth fundamentals. …

consumption-wealth ratio, and welfare should be greater in an open economy because of higher productivity and/or less volatility … because of risk sharing. The theoretical results for the growth rate depend on differences in productivity and in consumption … the size of government and on other key economic variables, including the consumption-wealth ratio, the growth rate of …

We investigate mean and volatility spillovers between the crude oil market and the main biofuel feedstock markets (corn … tightly interconnected and that the ethanol mandate has strengthened their linkages in terms of volatility spillovers …

policy shocks (money supply-interest rate induced) on economic growth in Ghana. We realized that, a shock on interest rate …

consumption-wealth ratio, and welfare should be greater in an open economy because of higher productivity and/or less volatility … because of risk sharing. The theoretical results for the growth rate depend on differences in productivity and in consumption … the size of government and on other key economic variables, including the consumption-wealth ratio, the growth rate of …

volatility and growth. We first develop a simple growth model where firms engage in two types of investment: a short-term one and … amplifying volatility. Tighter credit therefore leads to both higher aggregate volatility and lower mean growth for a given total …, as well as a stronger negative effect of volatility on growth …