Author/Editor: Reinout De Bock, Irineu E Carvalho Filho.

Release Date:January, 2013

Episodes of increased global risk aversion, also known as risk-off episodes, have become more frequent and severe since 2007. During these episodes, currency markets exhibit recurrent patterns, as more...

Author/Editor: Daniel Florea, Joël Toujas-Bernate, Reinout De Bock.

Release Date:October, 2010

This paper examines the economic and financial linkages between Morocco and Tunisia and their European partners. Using structural vector autoregressions, we find that growth shocks in European more...