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Macroeconomic, International Linkage and Effects of External Shocks in Southeast Asian Emerging Economies

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  • Alizadeh Janvisloo, Mohammad Reza

    (Tejarat Bank)

  • Sherafatian-Jahromi, Reza

    (Universiti Putra Malaysia)

Abstract

This study is an attempt to examine the effects of external shocks on macroeconomic variables in selective small open emerging economies in Southeast Asia. A quarterly Global Vector Autoregressive (GVAR) model, including 33 countries, was used throughout 1979–2013. The empirical results showed that the target countries were affected by external shocks,

Suggested Citation

  • Alizadeh Janvisloo, Mohammad Reza & Sherafatian-Jahromi, Reza, 2019. "Macroeconomic, International Linkage and Effects of External Shocks in Southeast Asian Emerging Economies," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 14(2), pages 205-230, April.
    • Handle: RePEc:mbr:jmonec:v:14:y:2019:i:2:p:205-230
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