Foreign Entanglements : Estimating the Source and Size of Spillovers Across Industrial Countries /

VARs of real growth since 1970 are used to estimate spillovers between the U.S., euro area, Japan, and an aggregate of small industrial countries, which proxies for global shocks. U.S. and global shocks generate significant spillovers, while those from the euro area and Japan are small. This paper a...

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Détails bibliographiques
Auteur principal: Bayoumi, Tamim
Autres auteurs: Swiston, Andrew
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2007.
Collection:IMF Working Papers; Working Paper ; No. 2007/182
Accès en ligne:Full text available on IMF