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The impact of the COVID-19 outbreak on the connectedness of the BRICS's term structure
EconomicsHumanities and Social Sciences Communications

The impact of the COVID-19 outbreak on the connectedness of the BRICS's term structure

F. Jareño, A. Escribano, et al.

This study explores how the COVID-19 pandemic waves influenced the interest rate dynamics within BRICS nations. Utilizing a time-varying parameter vector autoregression (TVP-VAR) method, the research reveals intriguing patterns of connectedness among interest rate components, particularly noting that Brazil and South Africa serve as net transmitters of shocks. Conducted by Francisco Jareño, Ana Escribano, and Zaghum Umar, this research unlocks vital insights into the economic interplay during turbulent times.... show more
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