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investigates the effect of macroeconomic linkages on international shock transmissions in selected East Asian countries. Global … effects in the same way. On the other hand, result from the dynamic analysis, shows that China contributes highest shock … transmission in the real sector, whereas US is the highest in the equity market. For the exchange rate; within-regional shock …
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abrupt and deep collapse in world trade, while other world-wide recessions had more moderate effects on world trade. This …
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trend, one may expect further integration of world markets and increasingly unhindered international trade. However, there …. Three main risk areas are identified here: (1) fossil fuel depletion, in particular a possible peak in world oil production … financial risk; and (3) instability in the world financial system caused primarily by the US's unsustainable twin deficits. The …
Persistent link: https://www.econbiz.de/10012732616
shock has a considerable impact on most economies in the world, especially when a share of the labor force is quarantined … networks. In this paper we incorporate production barriers induced by COVID-19 shock into a Ricardian model with sectoral … of the disruption in production that started in China and then quickly spread across the world. We find that the COVID-19 …
Persistent link: https://www.econbiz.de/10012837986
the relative role of 'globalization' and 'technology' shocks in accounting for the short and long run variance of global …
Persistent link: https://www.econbiz.de/10012977826