Regional Financial Spillovers Across Europe : A Global VAR Analysis /

The recent financial crisis raises important issues about the transmission of financial shocks across borders. In this paper, a global vector autoregressive (GVAR) model is constructed to assess the relevance of international spillovers following a historical slowdown in U.S. equity prices. The GVAR...

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Hlavní autor: Sgherri, Silvia
Další autoři: Galesi, Alessandro
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2009.
Edice:IMF Working Papers; Working Paper ; No. 2009/023
On-line přístup:Full text available on IMF