Khalil, Makram; Weber, Marc-Daniel - 2022
In structural vector autoregressive models of United States and euro area manufacturing, we use sign restrictions to … of the Covid-19 pandemic in early 2020, the results pointed towards large spillovers from the shutdown in China to … manufacturing in the US and the euro area. Moreover, for the recovery in late 2020 and 2021, favourable Chinese supply chain shocks …