Fear Thy Neighbor Spillovers from Economic Policy Uncertainty is popular PDF and ePub book, written by Nina Biljanovska in 2017-11-15, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Fear Thy Neighbor Spillovers from Economic Policy Uncertainty can be Read Online from any device for your convenience.
Fear Thy Neighbor Spillovers from Economic Policy Uncertainty Book PDF Summary
High levels of economic policy uncertainty in various parts of the world revamped the de- bate about its impact on economic activity. With increasingly stronger economic, financial, and political ties among countries, economic agents have more reasons to be vigilant of for- eign economic policy. Employing heterogeneous panel structural vector autoregressions, this paper tests for spillovers from economic policy uncertainty on other countries' economic ac- tivity. Furthermore, using local projections, the paper zooms in on shocks originating in the United States, Europe, and China. Our results suggest that economic policy uncertainty re- duces growth in real output, private consumption, and private investment, and that spillovers from abroad account for about two-thirds of the negative effect. Moreover, uncertainty in the United States, Europe, and China reduces economic activity in the rest of the world, with the effects being mostly felt in Europe and the Western Hemisphere.
Detail Book of Fear Thy Neighbor Spillovers from Economic Policy Uncertainty PDF
- Author : Nina Biljanovska
- Release : 15 November 2017
- Publisher : International Monetary Fund
- ISBN : 9781484328903
- Genre : Business & Economics
- Total Page : 34 pages
- Language : English
- PDF File Size : 17,6 Mb
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