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Global or Country Business Cycles : Developed versus Developing Countries

Kim, Yun Jung - 2021

variables of 71 countries from 1970 to 2018. The global factor successfully captures economic fluctuations in the world economy …

Persistent link: https://www.econbiz.de/10013236579

Crimea and punishment : the impact of sanctions on Russian economy and economies of the euro area

Cholodilin, Konstantin Arkadʹevič; Netšunajev, Aleksei - In: Baltic journal of economics 19 (2019) 1, pp. 39-51

The conflict between Russia and Ukraine that started in March 2014 led Western countries and Russia to impose economic … the economies of Russia and the euro area. The effects of sanctions are analyzed with a structural vector autoregression …

Persistent link: https://www.econbiz.de/10012010273

Identifying Uncertainty Shocks Due to Geopolitical Swings in Korea

Lee, Seohyun - 2019

Using a novel set of instrumental variables in a structural VAR framework, we investigate the economic impact of uncertainty shocks stemming from geopolitical swings in South Korea. We construct robust instrumental variables for examining the variations in uncertainty due to geopolitical swings...

Persistent link: https://www.econbiz.de/10012898238

The role of structural common and country-specific shocks in the business cycle dynamics of the G7 countries

Seymen, Atilim; Kappler, Marcus - 2009

The study analyses the business cycles of the G7 countries in a structural vector autoregression(SVAR) framework comprising output, nominal interest rate and inflation. Common and country-specific supply, demand and nominal shocks of each G7 country are identified, and the corresponding shock...

Persistent link: https://www.econbiz.de/10003824053

The international dimension of confidence shocks

Dées, Stéphane; Güntner, Jochen - 2014

Building on Beaudry, Nam and Wang (2011) - hereafter BNW -, we use survey data on consumer sentiment in order to identify the causal effects of confidence shocks on real economic activity in a selection of advanced economies. Starting from a set of closed-economy VAR models, we show that these...

Persistent link: https://www.econbiz.de/10010354540

Identifying the shocks behind business cycle asynchrony in Euroland

Trenkler, Carsten; Weber, Enzo - 2012

by idiosyncratic, and to a lesser extent also world, shocks. Additionally, real shocks prove relevant rather than nominal …

Persistent link: https://www.econbiz.de/10011489953

The Contribution of Domestic, Regional and International Factors to Latin America's Business Cycle

Boschi, Melisso - 2008

interdependence among LA countries and, in addition, between each of them and the three world largest industrial economies: the US …

Persistent link: https://www.econbiz.de/10012722663

The transmission of external shocks to the Macedonian economic activity

Unevska Andonova, Danica; Petkovska, Marija - Narodna Banka na Republika Makedonija; Narodna Banka na … - 2011

. In a highly integrated and globalized world, the study of co-movement, or integration, is important because the results … Euro area, as main trading partner and world prices and what is the dynamic response of Macedonian GDP to a such shocks. To … statistically significant response to foreign demand shock, while world prices shock has no significant effect. …

Persistent link: https://www.econbiz.de/10011623342

Are Business Cycles in the US and Emerging Economies Synchronized?

Krupa, Piotr; Skrzypczynski, Pawel - 2012

a structural convergence between the developed and emerging world which could be expected to persist into the future. In …

Persistent link: https://www.econbiz.de/10014170689

Defending global oil price security : based on the perspective of uncertainty risk

Song, Yu; Chen, Bo; Wang, Xin-Yi; Wang, Ping-Ping - In: Energy strategy reviews 41 (2022), pp. 1-13

This study uses the time-varying parameter/stochastic volatility vector autoregression (TVP-SV-VAR) model to explore the impact of uncertainty risk on oil prices. Economic policy uncertainty and geopolitical risk were used as proxy variables for economic and political uncertainty risk. The study...

Persistent link: https://www.econbiz.de/10014497145