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Global excess liquidity, monetary policy, open economy, international economics
Globalisation, exchange rate, trade, exchange rate pass-through, valuation effects
Leading Indicator, Business Cycle, Forecast Comparison, Globalisation, Structural Change
business cycles synchronisation, East Asia, dynamic factor model
Economic integration, international business cycles, structural shocks sign restrictions
Yen, Euro, equilibrium exchange rate, BEER, cointegration
Stability and Growth Pact, Macroeconomic Imbalance Procedure, structural balance, real-time potential output estimates
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Dynamic Factor, Kalman Filter, business cycles synchronization