The global effects of Covid-19-induced uncertainty

Giovanni Caggiano, Efrem Castelnuovo and Richard Kima
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Richard Kima: Monash University

No 256, "Marco Fanno" Working Papers from Dipartimento di Scienze Economiche "Marco Fanno"

Abstract: 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%).

Keywords: Covid-19; Financial Uncertainty; Vector AutoRegressions; Global financial cycle; World industrial production (search for similar items in EconPapers)
JEL-codes: C32 E32 (search for similar items in EconPapers)
Pages: 13 pages
Date: 2020-06
New Economics Papers: this item is included in nep-mac
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Citations: View citations in EconPapers (84)

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Related works:
Journal Article: The global effects of Covid-19-induced uncertainty (2020)
Working Paper: The Global Effects of Covid-19-Induced Uncertainty (2020)
Working Paper: The global effects of Covid-19-induced uncertainty (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:pad:wpaper:0256

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