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Published in 2019 at "Economic Modelling"
DOI: 10.1016/j.econmod.2018.07.017
Abstract: This paper quantifies the impact of three key external shocks – external demand, interest rate, and uncertainty shocks – on emerging market economies (EMEs). We find that external shocks have a sizeable impact on macroeconomic…
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Keywords:
unemployment dynamics;
dynamics emerging;
external shocks;
monetary policy ... See more keywords