shifts economic activity in Central America by 0.7 to 1 percent, on average. Spillovers from global shocks and the rest of … the region also affect activity in some countries. Spillovers are mostly transmitted through advanced country financial …

This paper uses VAR models to examine the magnitude and sources of growth spillovers to the Baltics from key trading …-country spillovers to the Baltics with those from the EU outweighing spillovers from Russia. Shocks to the REER generally depress growth … of spillovers to the region which partly explains the realization of downside risks to the Baltics from the global …

This paper analyzes spillovers from macroeconomic shocks in systemic economies (China, the Euro Area, and the United … States) to the Middle East and North Africa (MENA) region as well as outward spillovers from a GDP shock in the Gulf … Autoregression (GVAR) model, estimated for 38 countries/regions over the period 1979Q2 to 2011Q2. Spillovers are transmitted across …