01372nas 2200457- 450 991013235560332120181023053910.9(OCoLC)1057477716(CKB)3520000000003768(CONSER)--2018263020(EXLCZ)99352000000000376820181022a20129999 o-- -engur|||||||||||txtrdacontentcrdamediacrrdacarrierGCAGS journal[Austin, TX] :Gulf Coast Association of Geological Societies,[2012]-©2012-2376-5542 Gulf Coast Association of Geological Societies journalGCAGS j.GeologyPeriodicalsGeologyGulf StatesPeriodicalsPetroleumGeologyPeriodicalsGeologyfast(OCoLC)fst00940627PetroleumGeologyfast(OCoLC)fst01059280United StatesGulf StatesfastPeriodicals.fastGeologyGeologyPetroleumGeologyGeology.PetroleumGeology.550.5Gulf Coast Association of Geological Societies,JOURNAL9910132355603321GCAGS journal2094924UNINA02977nam 2200589Ia 450 991046406220332120181012003314.01-4623-7293-71-4527-9952-097866128424501-282-84245-51-4518-7170-8(CKB)3170000000055194(EBL)1608159(SSID)ssj0000943047(PQKBManifestationID)11558964(PQKBTitleCode)TC0000943047(PQKBWorkID)10974820(PQKB)11231179(OCoLC)465436123(MiAaPQ)EBC1608159(EXLCZ)99317000000005519420041202d2009 uf 0engur|n|---|||||txtccrRegional financial spillovers across Europe[electronic resource] a global VAR analysis /prepared by Alessandro Galesi and Silvia Sgherri[Washington D.C.] International Monetary Fund20091 online resource (34 p.)IMF working paper ;WP/09/23Description based upon print version of record.1-4519-1606-X Includes bibliographical references.Contents; I. Introduction; II. The GVAR Model (1999-2008); A. Structure of the model; B. The data and properties of the series; III. Estimation; A. Conditions for the GVAR estimation; B. Estimation of the country-specific models; C. Testing for weak exogeneity; D. Impact Elasticities; IV. Dynamic Analysis; A. Generalized Impulse Response Functions; B. Generalized Forecast Error Variance Decompositions; V. Concluding Remarks; Figures; 1. Increasing Reliance of Emerging Europe on Foreign Bank Funding; 2. Concentration of Emerging Europe Exposure toWestern EuropeThe recent financial crisis raises important issues about the transmission of financial shocks across borders. In this paper, a global vector autoregressive (GVAR) model is constructed to assess the relevance of international spillovers following a historical slowdown in U.S. equity prices. The GVAR model contains 27 country-specific models, including the United States, 17 European advanced economies, and 9 European emerging economies. Each country model is linked to the others by a set of country-specific foreign variables, computed using bilateral bank lending exposures. Results reveal consiIMF working paper ;WP/09/23.Capital movementsEconometric modelsEconometricsElectronic books.Capital movementsEconometric models.Econometrics.Galesi Alessandro974752Sgherri Silvia864451MiAaPQMiAaPQMiAaPQBOOK9910464062203321Regional financial spillovers across Europe2219597UNINA