China's GDP growth slowdown and a surge in global financial market volatility could both adversely affect an already … negative GDP shock in China (equivalent to a one-off one percent growth shock) could have significant global macroeconomic … volatility could translate into a fall in world economic growth of around 0.29 percentage points, but it could also have negative …

This paper considers the linkages between output growth and output volatility for the sample of G7 countries over the … volatility are highly intertwined, with spillovers taking place into all four directions; ii) the importance of spillovers has … been the largest transmitter of output and volatility shocks to other countries. Generalized impulse response analyses …

There is no consensus about the causes of the reduction in business cycle volatility seen in many major economies over … itself led to a reduction in the volatility of economic shocks. Our projections suggest that a number of major economies …