Systemic Risk, Aggregate Demand, and Commodity Prices /
The paper presents a global model with systemic and country risks, as well as commodity prices.We show that systemic risk shocks have an important impact on world economic activity, with the busts in world output gap corresponding to unobserved systemic risk associated with major financial events. I...
| Yazar: | |
|---|---|
| Diğer Yazarlar: | , |
| Materyal Türü: | Dergi |
| Dil: | English |
| Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
2015.
|
| Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 2015/165 |
| Online Erişim: | Full text available on IMF |