1.

Record Nr.

UNINA9910779643103321

Autore

Cashin Paul

Titolo

The Global Impact of the Systemic Economies and MENA Business Cycles / / Paul Cashin, Kamiar Mohaddes, Mehdi Raissi

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2012

ISBN

1-4755-3230-X

1-4755-9666-9

Descrizione fisica

1 online resource (41 p.)

Collana

IMF Working Papers

Altri autori (Persone)

MohaddesKamiar

RaissiMehdi

Soggetti

Business cycles - China - Econometric models

Business cycles - United Stated - Econometric models

Business cycles - Middle East - Econometric models

Business cycles - Africa, North - Econometric models

Investments: Energy

Econometrics

Foreign Exchange

Macroeconomics

Industries: Energy

Time-Series Models

Dynamic Quantile Regressions

Dynamic Treatment Effect Models

Diffusion Processes

State Space Models

General Aggregative Models: Forecasting and Simulation

Business Fluctuations

Cycles

International Business Cycles

Economywide Country Studies: Asia including Middle East

Energy: Demand and Supply

Prices

Energy: General

Macroeconomics: Production

Investment & securities

Econometrics & economic statistics

Currency

Foreign exchange

Petroleum, oil & gas industries



Oil

Oil prices

Vector autoregression

Real effective exchange rates

Oil production

Commodities

Econometric analysis

Production

Petroleum industry and trade

Business cycles Europe Econometric models

United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Cover; Contents; I. Introduction; II. The Global VAR (GVAR) Methodology; III. A Global VAR Model Including the MENA Region; Tables; 1. Countries and Regions in the GVAR Model Including MENA; A. Variables; Domestic Variables; Foreign Variables; Global Variables; B. MENA Trade Weights; 2. MENA Trade Weights; C. Model Specification; 3. Variables Specification of the Country-Specific VARX* Models; D. Country-Specific Estimates and Tests; Lag Order Selection, Cointegrating Relations, and Persistence Profiles

4. Lag Orders of the Country-Specific VARX*(s,s*) Models Together with the Number of Cointegrating Relations (r)Testing the Weak Exogeneity Assumption; Figures; 1. Persistence Profiles of the Effect of a System-wide Shock to the Cointegrating Relations; Testing for Structural Breaks; 5. F-Statistics for Testing the Weak Exogeneity of the Country-Specific Foreign Variables, Oil Prices, and Oil Production; 6. Number of Rejections of the Null of Parameter Constancy per Variable Across the Country-specific Models at the 5 Percent Significance Level; IV. Inward Spillovers; A. Shock to U.S. GDP

2. Four Quarters Cumulated Impulse Responses of Output to a Negative GDP Shock in the United States (Relative to the U.S.)3. Four Quarters Cumulated Impulse Responses of Oil Prices and Supply; B. Shock to Euro Area GDP; 4. Four Quarters Cumulated Impulse Responses of Output to a Negative GDP Shock in the Euro Area (Relative to the Euro Area); 5. Impulse Responses of a Negative Unit Shock to Euro Area Output; C. Shock to Chinese GDP; 6. Four Quarters Cumulated Impulse Responses of Output to a Negative GDP Shock in China (Relative to China); V. Outward Spillovers

7. Four Quarters Cumulated Impulse Responses of Output to a Positive GDP Shock in the GCC Region (Relative to the GCC)8. Four Quarters Cumulated Impulse Responses of Output to a Positive GDP Shock in the MENA Oil Exporters (Relative to the MENAEX); VI. Concluding Remarks; References; Data Appendix; 7. Trade Weights, Averages over 2006-2008; 8. Trade Weights, Averages over 1986-1988

Sommario/riassunto

This paper analyzes spillovers from macroeconomic shocks in systemic economies (China, the Euro Area, and the United States) to the Middle East and North Africa (MENA) region as well as outward spillovers from



a GDP shock in the Gulf Cooperation Council (GCC) countries and MENA oil exporters to the rest of the world. This analysis is based on a Global Vector Autoregression (GVAR) model, estimated for 38 countries/regions over the period 1979Q2 to 2011Q2. Spillovers are transmitted across economies via trade, financial, and commodity price linkages. The results show that the MENA countries are more sensitive to developments in China than to shocks in the Euro Area or the United States, in line with the direction of evolving trade patterns and the emergence of China as a key driver of the global economy. Outward spillovers from the GCC region and MENA oil exporters are likely to be stronger in their immediate geographical proximity, but also have global implications.

2.

Record Nr.

UNIORUON00135802

Autore

SESTON, W.

Titolo

Achilleus et la révolte de l'Egypte sous Diocletien d'apres les papyrus et l'Histoire Auguste / W. Seston

Pubbl/distr/stampa

pp. 184-200 ; 23 cm

Edizione

[[Paris] : [s.n.]]

Descrizione fisica

Estratto da: Melanges d'Archaeologie et d'Histoire, 55, 1938

Classificazione

IR IV

Lingua di pubblicazione

Francese

Formato

Materiale a stampa

Livello bibliografico

Monografia



3.

Record Nr.

UNIORUON00225542

Autore

BUENO, Eduardo

Titolo

A viagem do descobrimento : a expediçao de Cabral e o achamento do Brasil / Eduardo Bueno

Pubbl/distr/stampa

Cascais ( (Portogallo), : Pergaminho, 2000.   131 p., 2 c. di tav., : ill. ; 23 cm.

ISBN

97-271-1399-0

Disciplina

981

Soggetti

SCOPERTE GEOGRAFICHE - Portogallo

CABRAL PEDRO ALVARES

PORTOGALLO E BRASILE - Conquista

BRASILE - Storia - Sec. 15.-16

Lingua di pubblicazione

Portoghese

Formato

Materiale a stampa

Livello bibliografico

Monografia