IMF working paper explores spillovers between United States and eurozone
Spillovers from the eurozone to the US have been ‘considerable’
Asynchronous monetary conditions in the US and the eurozone have led to "significant spillovers" between them, especially since 2014, a working paper published by the International Monetary Fund finds.
Big players out of synch: Spillovers implications of US and euro area shocks by Carolina Osorio Buitron and Esteban Vesperoni uses structural vector autoregression analysis to identify "country-specific shocks" since the 1990s.
The authors find shocks from 2014 have produced "particularly large"
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