Following a global vector autoregressive (GVAR) approach, this paper presents new
evidence on the validity of international transmission of economic shocks from key trading …

This study is an attempt to examine the effects of external shocks on macroeconomic
variables in selective small open emerging economies in Southeast Asia. A quarterly Global …

This study investigates the macroeconomic responses of Nigerian economy to external
shock between 1986 and 2014. Specifically, we examine the effect of oil price shocks and …

The substantial change in South Africa's trade patterns over the past two decades has
affected the impact of economic shocks in major world economies on South Africa. To …

In this paper, we investigate the sources of macroeconomic fluctuations in Sub-Saharan
African (SSA) countries with particular attention to the exchange rate system. We use a …

Motivated by the drive to achieve monetary union in the Economic Community of West
African States (ECOWAS), the vulnerability of member countries to global and regional …

In this paper, we trace the transmission of monetary policy shocks from three prominent
sources of global financial and trade shocks (US, Europe, and China) to the two largest …

This paper studies the effects of external macroeconomic shocks on Ireland. Using a
weighting scheme based on international trade linkages, we apply a global vector …

The ups and downs of Kuwait's economy since the 1970s are often viewed as driven by two
main factors: domestic shocks and oil price shocks. While these two factors have been …

This paper employs a Global Vector Auto Regressive (GVAR) model to study the evolution of
the response of the Commonwealth of Independent States (CIS) to foreign output and oil …