Abstract The Global Vector Autoregressive (GVAR) approach has proven to be a very useful
approach to analyse interactions in the global macroeconomy and other data networks …

The aim of this paper is to explore the short-and long-run asymmetric impact of oil prices
shocks and oil and gas revenues changes on the total real GDP, and the level of economic …

Increasing levels of global and regional integration have led to tourist flows between
countries becoming closely linked. These links should be considered when modeling and …

This paper puts forward a global macro model comprising 43 countries and covering the
period from Q1 1995 to Q4 2011. Our regional focus is on countries in Central, Eastern and …

In this study, we attempt to look into the cointegration and causal link of oil and food prices in
the sample countries that are both food importing and oil exporting economies. Yearly data …

This study develops a global vector autoregressive (global VAR or GVAR) model to quantify
the cross-country co-movements of tourism demand and simulate the impulse responses of …

This study explores the relationship between energy and food nutrition prices through food
calorie, fat, protein, and crude oil price links in the case of eight net oil importing (US, Korea …

We analyze the international transmission of financial stress and its effects on global
economic activity. Our analysis is based on country-specific monthly financial stress indices …

Advanced and emerging economies are becoming more interdependent with rapid pace of
globalization of capital markets and technological innovations in recent years. We examine …

This paper develops a novel Bayesian heterogeneous panel vector autoregressive model (B-
HP-VAR) that quantifies the impact of geopolitical risk shocks on the tourism industry of 14 …