TY - GEN A1 - Gomez-Pineda, Javier G. DA - 2017/09/09 PY - 2020 UR - https://repositorio.banrep.gov.co/handle/20.500.12134/6324 AB - The paper provides some evidence on the relevance of global uncertainty and risk aversion and the lesser importance of US interest rates for the global financial and business cycles. As framework, we use a global semi-structural model augmented with... U1 - 49 paginas : graficas, tablas LA - eng PB - Banco de la Republica de Colombia T3 - Borradores de Economia JF - Borradores de Economia; No. 1011 M3 - Open Access KW - Ciclo financiero mundial KW - Incertidumbre KW - Aversion al riesgo KW - Riesgo global KW - Cadenas de valor global KW - Ecuaciones comerciales de la cadena de valor KW - Modelo semi-estructural global T1 - Volatility Spillovers and the Global Financial Cycle Across Economies: Evidence from a Global Semi-Structural Model KW - E58 - Central Banks and Their Policies KW - Q43 - Energy and the Macroeconomy KW - E37 - Prices, Business Fluctuations, and Cycles: Forecasting and Simulation: Models and Application KW - E43 - Interest Rates: Determination, Term Structure, and Effects KW - Global financial cycle KW - Uncertainty KW - Risk aversion KW - Global risk KW - Global value chains KW - Value-chain trade equations KW - Global semi-structural model KW - Riesgo (Economia) KW - Contagio (Crisis financiera) KW - Tasas de interes -- Estados Unidos KW - Riesgo pais KW - Credito KW - Volatilidad del consumo (Economia) KW - E58 - Bancos centrales y sus politicas KW - Q43 - Energia y macroeconomia KW - E43 - Tipos de interes: determinacion, estructura temporal y efectos KW - E37 - Precios, fluctuaciones y ciclos economicos: Prediccion y simulacion; Modelos y aplicacion DO - https://doi.org/10.32468/be.1011 L1 - https://ideas.repec.org/p/bdr/borrec/1011.html ER -