Macroeconomic Shock Synchronization in the East African Community
نویسندگان
چکیده
منابع مشابه
Preliminary draft Macroeconomic Shock Transmission in the East African Community: A GVAR Approach
We develop a global vector autoregressive model GVAR to analyze macroeconomic shock transmission among the East African Community countries. The results suggest that there is a signi cant growth and ination shock transmissions from Kenya to the rest of the member countries while the transmission in the opposite direction is insigni cant. The macroeconomic shocks are reected more on prices tha...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2012
ISSN: 1556-5068
DOI: 10.2139/ssrn.2078420