The global effects of Covid-19-induced uncertainty()

We estimate a VAR with world-level variables to simulate the effects of the Covid-19 outbreak-related uncertainty shock. We find a peak (cumulative over one year) negative response of world output of 1.6% (14%).

Detalles Bibliográficos
Autores principales: Caggiano, Giovanni, Castelnuovo, Efrem, Kima, Richard
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier B.V. 2020
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7340019/
https://www.ncbi.nlm.nih.gov/pubmed/32834236
http://dx.doi.org/10.1016/j.econlet.2020.109392
Descripción
Sumario:We estimate a VAR with world-level variables to simulate the effects of the Covid-19 outbreak-related uncertainty shock. We find a peak (cumulative over one year) negative response of world output of 1.6% (14%).

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