Showing 1 - 10 of 64,811
Using Russia as a case study and a global VAR model as a methodological tool, we analyze how heightened geopolitical … response functions in response to the skyrocketing Russian geopolitical risk shock after Russia’s invasion of Ukraine revealed …Unter Verwendung des Fallbeispiels Russland und eines globalen VAR-Modells als methodisches Instrument analysieren wir …
Persistent link: https://www.econbiz.de/10014466941
We examine the effects of increased international integration of both goods and financial markets on business cycle dynamics. To do so, we develop a new econometric framework for modelling cross-country spillovers in which the magnitude of these spillovers is an empirically determined function...
Persistent link: https://www.econbiz.de/10010414228
panel difference-in-differences estimations and an event study design. Motivated by the claim that China and Russia … purposefully undermine US sanction efforts, we test whether target countries' trade with China and Russia increases under US trade … sanctions. We find no evidence for systematic sanction busting. Russia does not change its trade patterns with sanctioned …
Persistent link: https://www.econbiz.de/10013455721
panel difference-in-differences estimations and an event study design. Motivated by the claim that China and Russia … purposefully undermine US sanction efforts, we test whether target countries' trade with China and Russia increases under US trade … sanctions. We find no evidence for systematic sanction busting. Russia does not change its trade patterns with sanctioned …
Persistent link: https://www.econbiz.de/10013440047
panel difference-in-differences estimations and an event study design. Motivated by the claim that China and Russia … purposefully undermine US sanction efforts, we test whether target countries' trade with China and Russia increases under US trade … sanctions. We find no evidence for systematic sanction busting. Russia does not change its trade patterns with sanctioned …
Persistent link: https://www.econbiz.de/10013440377
This paper analyzes the evolution of the degree of global cyclical interdependence over the period 1960-2005. We categorize the 106 countries in our sample into three groupsindustrial countries, emerging markets, and other developing economies. Using a dynamic factor model, we then decompose...
Persistent link: https://www.econbiz.de/10003794406
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
Interest-rate spreads fluctuate widely across time and countries. We illustrate this on the basis of about 3,100 quarterly observations for 21 advanced and 17 emerging economies since the early 1990s. Prior to the financial crisis, spread fluctuations in advanced economies are an order of...
Persistent link: https://www.econbiz.de/10012160079
Interest-rate spreads fluctuate widely across time and countries. We characterize their behavior using some 3,200 quarterly observations for 21 advanced and 17 emerging economies since the early 1990s. Before the financial crisis, spreads are 10 times more volatile in emerging economies than in...
Persistent link: https://www.econbiz.de/10012162762
Housing crises usually go hand in hand with a long lasting recession and a considerable loss in output. We first re-examine the effects of a housing crises on the business cycle based on historical crises. Then we estimate the international spill-over-effects if several huge industrial countries...
Persistent link: https://www.econbiz.de/10003827190