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Source: From West to East : Estimating External Spillovers to Australia and New Zealand

Volume/Issue: 2011/120

Series: IMF Working Papers

Author(s): Yan Sun


Publication Date: 01 May 2011

ISBN: 9781455262434

Keywords: business cyles, sample period, small sample, statistically significant, interest rates, International Policy Coordination and Transmission,

This paper examines the size and source of external spillovers to Australia and New Zealand based on a structural vector autoregression (VAR) approach. It finds that during the last decade shocks from emerging Asia...