Aug 2014
Author(s): Cesa-Bianchi, Ambrogio; Pesaran, M. Hashem; Rebucci, Alessandro
The 2007-2008 global financial crisis and the subsequent anemic recovery have rekindled academic interest in quantifying the impact of uncertainty on macroeconomic dynamics. This paper studies the…
Jun 2010
Author(s): Burger, John D.; Rebucci, Alessandro; Warnock, Francis E.; Cacdac Warnock, Veronica
This paper assesses the extent to which a countrys external capital structure can aid in mitigating the macroeconomic impact of oil price shocks. Two Caribbean economies highly vulnerable to oil…