Showing 1 - 10 of 455,347
examine spillovers across global markets. The novelty of this paper consists of simultaneously identifying China shocks with … China have material impacts on global equity markets, although spillovers are much smaller than those following shocks in …, spillovers from China can be significantly amplified in an environment of heightened global volatility, or when the shocks are …
Persistent link: https://www.econbiz.de/10014471891
This paper provides a quantitative assessment of the relative importance of global structural shocks for changes in financial conditions across a sample of emerging market economies. We disentangle four key drivers of global financial markets (oil supply shocks, global economic news shocks,...
Persistent link: https://www.econbiz.de/10012009181
We provide evidence for a causal link between the US economy and the global financial cycle. Using intraday data, we show that US macroeconomic news releases have large and significant effects on global risky asset prices. Stock price indexes of 27 countries, the VIX, and commodity prices all...
Persistent link: https://www.econbiz.de/10014247914
examine spillovers across global markets. The novelty of this paper consists of simultaneously identifying China shocks with … China have material impacts on global equity markets, although spillovers are much smaller than those following shocks in …, spillovers from China can be significantly amplified in an environment of heightened global volatility, or when the shocks are …
Persistent link: https://www.econbiz.de/10014543668
examine spillovers across global markets. The novelty of this paper consists of simultaneously identifying China shocks with … China have material impacts on global equity markets, although spillovers are much smaller than those following shocks in …, spillovers from China can be significantly amplified in an environment of heightened global volatility, or when the shocks are …
Persistent link: https://www.econbiz.de/10014476428
This working paper evaluates the economic sources of the stock market responses of 40 countries to surprises in the fed funds rate (FFR), the Fed's forward guidance (FG) and large-scale asset purchases (LSAP). We decompose stock market returns into different components reflecting investors'...
Persistent link: https://www.econbiz.de/10012520011
provides policy-relevant lessons. International spillovers of monetary policy and risk sentiment through global liquidity …
Persistent link: https://www.econbiz.de/10014302919
provides policy-relevant lessons. International spillovers of monetary policy and risk sentiment through global liquidity …
Persistent link: https://www.econbiz.de/10014322743
the world to a global common factor - the global financial cycle. Using voting patterns at the United Nations as a measure …
Persistent link: https://www.econbiz.de/10014451331
the world to a global common factor - the global financial cycle. Using voting patterns at the United Nations as a measure …
Persistent link: https://www.econbiz.de/10014448309