This paper examines the transmission of GDP growth and GDP growth volatility among the G7 countries over the period … significant own-country output growth volatility and cross-country output growth volatility spillovers indicates that output … growth shocks in most of the G7 countries affect output growth volatility in the remaining others. An additional finding is …

This paper examines the transmission of GDP growth and GDP growth volatility among the G7 countries over the period … 1960Q1 – 2010Q4, using a multivariate GARCH model and volatility impulse response functions (VIRFs) to identify the source …, magnitude and the duration of volatility spillovers. Results indicate the presence of positive own-country GDP growth spillovers …