United States, using a Global VAR model estimated for 38 countries/regions over the period 1979Q2 to 2011Q2. Set … suggest that following the U.S. oil revolution, with oil prices falling by 51 percent in the first year, global growth …

theoretical arguments, that including money growth in simple VAR models of inflation does systematically improve out … tends to be smaller in recent subperiods, in particular in models that also include information on real GDP growth and …

High energy costs contribute to dampening Caribbean competitiveness and potential growth. This paper overviews power … of the impact of energy costs on growth and competitiveness; ii) evaluation of gains from implementing announced …

economic activity in sub-Saharan Africa during 1991-2011, except perhaps in South Africa …

impact of a hypothetical banking crisis on a country's growth. By enabling consideration of a rich set of potential …

labor costs in a panel VAR setting leads to an additional indirect channel which amplifies the impact of electricity prices …

After many years of rapid expansion, China's growth is slowing to more sustainable levels and is rebalancing, with … consumption becoming the main growth driver. This transition is likely to have negative effects on its trading partners in the … commodity exporters (Indonesia and Malaysia) would suffer the largest impact, with growth falling between 0.2 and 0.5 percentage …

Both sides of the institutions and growth debate have resorted largely to microeconometric techniques in testing …