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increases, so does the risk that a restrictive forward guidance shock will increase rather than decrease stock prices. This … suggest that uncertainty is an alternative approach to explain the phenomena previously known as "information shock" and …
Persistent link: https://www.econbiz.de/10012542948
We estimate the marginal effects of identified components of global liquidity on 43 real economies. To this end, we employ global public and private credit components of Herwartz, Ochsner, and Rohloff (2021) in factor-augmented vector-autoregressions to trace credit shocks through the real...
Persistent link: https://www.econbiz.de/10012543597
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We study the dynamic impact of Covid-19, economic mobility, and containment policy shocks. We use Bayesian panel structural vector autoregressions with daily data for 44 countries, identified through sign and zero restrictions. Incidence and mobility shocks raise cases and deaths significantly...
Persistent link: https://www.econbiz.de/10012549582
We study the dynamic impact of Covid-19, economic mobility, and containment policy shocks. We use Bayesian panel structural vector autoregressions with daily data for 44 countries, identified through sign and zero restrictions. Incidence and mobility shocks raise cases and deaths significantly...
Persistent link: https://www.econbiz.de/10012440388
We study the dynamic impact of Covid-19, economic mobility, and containment policy shocks. We use Bayesian panel structural vector autoregressions with daily data for 44 countries, identified through sign and zero restrictions. Incidence and mobility shocks raise cases and deaths significantly...
Persistent link: https://www.econbiz.de/10012434050
States) to the Middle East and North Africa (MENA) region as well as outward spillovers from a GDP shock in the Gulf … Cooperation Council (GCC) countries and MENA oil exporters to the rest of the world. This analysis is based on a Global Vector … economies via trade, financial, and commodity price linkages. The results show that the MENA countries are more sensitive to …
Persistent link: https://www.econbiz.de/10012671600