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Economic Spillovers from the Euro Area to the CESEE Region via the Financial Channel: A GVAR Approach

Backé, Peter; Feldkircher, Martin; Slacík, Tomáš - In: Focus on European Economic Integration (2013) 4, pp. 50-64

Independent States (CIS). To this effect, we apply a global vector autoregressive (GVAR) model and go beyond existing work by …

Persistent link: https://www.econbiz.de/10011015329

Japanese monetary policy and international spillovers

Dekle, Robert; Hamada, Koichi - In: Journal of International Money and Finance 52 (2015) C, pp. 175-199

We present a simple monetary model (with sticky prices) to highlight spillovers to output gaps. We then show using a sequence of nonstructural VARs and a Global VAR, the effects of monetary policies measured using short-term interest rates and money base stocks. We conclude that money base...

Persistent link: https://www.econbiz.de/10011208916

Does Joint Modelling of the World Economy Pay Off? Evaluating Global Forecasts from a Bayesian GVAR

Dovern, Jonas; Feldkircher, Martin; Huber, Florian - Alfred-Weber-Institut für Wirtschaftswissenschaften, … - 2015

We analyze how modeling international dependencies improves forecasts for the global economy based on a Bayesian GVAR … density into its marginals and a copula term capturing the dependence structure across countries. The GVAR outperforms … structure across countries, whereas the GVAR does not yield better predictive marginal densities. The relative performance gains …

Persistent link: https://www.econbiz.de/10011212218

Ripple effect : Disentangling the global impact web of US monetary policy

Thomas, Lina - In: Finance research letters 58 (2023) 2, pp. 1-8

Persistent link: https://www.econbiz.de/10014584609

Global spillover impact of US monetary shocks on China-based on empirical test of GVAR model

Tian, Suhua; Wang, Li - In: Journal of international trade & economic development : … 33 (2024) 3, pp. 462-481

Persistent link: https://www.econbiz.de/10014631590

China's Emergence in the World Economy and Business Cycles in Latin America

Cesa-Bianchi, Ambrogio; Pesaran, Hashem; Rebucci, Alessandro - Institute for the Study of Labor (IZA) - 2011

Vector Autoregressive (GVAR) model for 5 large Latin American economies and all major advanced and emerging economies of the …

Persistent link: https://www.econbiz.de/10009225765

The Chinese Impact on GDP Growth and Inflation in the Industrial Countries

Dreger, Christian; Zhang, Yanqun - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2011

investigates to what extent this process affects output growth and inflation in the advanced countries. A GVAR model is specified …

Persistent link: https://www.econbiz.de/10009294978

Economic Spillovers from the Euro Area to the CESEE Region via the Financial Channel: A GVAR Approach

Independent States (CIS). To this effect, we apply a global vector autoregressive (GVAR) model and go beyond existing work by …

Persistent link: https://www.econbiz.de/10010727711

Does the economic integration of China affect growth and inflation in industrial countries?

Dreger, Christian; Zhang, Yanqun - In: Economic Modelling 38 (2014) C, pp. 184-189

inferred from multivariate time series and structural econometric methods. In particular, the GVAR and the NiGEM are employed …

Persistent link: https://www.econbiz.de/10010753351

Uncertainty and Economic Activity: A Global Perspective

Cesa-Bianchi, Ambrogio; Pesaran, M. Hashem; Rebucci, … - CESifo - 2014

The 2007-2008 global financial crisis and the subsequent anemic recovery have rekindled academic interest in quantifying the impact of uncertainty on macroeconomic dynamics based on the premise that uncertainty causes economic activity to slow down and contract. In this paper, we study the...

Persistent link: https://www.econbiz.de/10010757723