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 ...
Our eLibrary offers over 25,000 IMF publications in multiple formats. Exchange rate pass-through in a set of euro area prices along the pricing chain is examined. Using a vector autoregression (VAR) ...
The author is editorial writer and columnist for The Economic Times. If you have to forecast, forecast often, noted a consummate policy whiz some decades ago, at a time when there was marked ...