The Experts below are selected from a list of 209577 Experts worldwide ranked by ideXlab platform
Rodrigo Mariscal - One of the best experts on this subject based on the ideXlab platform.
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collateral damage dollar strength and emerging markets growth
The North American Journal of Economics and Finance, 2018Co-Authors: Pablo Druck, Nicolas E Magud, Rodrigo MariscalAbstract:Abstract We document a negative relation between the strength of the U.S. dollar and emerging markets’ growth: when the dollar is strong, emerging markets’ real GDP growth decreases—and vice versa. The Main Transmission channel is through (i) an income effect owing to the impact of the dollar on global commodity prices, and (ii) capital/production-inputs imports. As the dollar strengthens, dollar-commodity prices fall, depressing domestic demand growth via lower dollar income, thus reducing emerging markets’ growth. Domestic demand decelerates in countries relying on importing capital/inputs for domestic production, as their cost increases when their currencies weaken, despite any expansionary expenditure-switching effect.
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collateral damage dollar strength and emerging markets growth
Research Papers in Economics, 2015Co-Authors: Pablo Druck, Nicolas E Magud, Rodrigo MariscalAbstract:We document that, historically, although stronger growth in the U.S. increases growth in emerging markets, U.S. dollar appreciation (depreciation) cycles—which are highly persistent—mitigate (amplify) the impact on real GDP growth in emerging markets. We argue that the Main Transmission channel of the latter is through an income effect: as the dollar appreciates, commodity prices fall; weaker commodity prices depress domestic demand via lower real income; real GDP in emerging markets decelerates; and vice versa. These effects hold despite any potential expenditure-switching effect resulting from the relative (to the U.S. dollar) currency depreciation of emerging market economies. We also show the negative effect on emerging markets’ growth of U.S. interest rates beyond the effects of the U.S. real exchange rate and real GDP growth. Therefore, at the time of writing, emerging markets’ growth is expected to reMain subdued reflecting, intera alia, the expected persistence of the strong dollar and the anticipated increased in the U.S. interest rates.
Laetitia Lempereur - One of the best experts on this subject based on the ideXlab platform.
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Mechanical Transmission of African swine fever virus by Stomoxys calcitrans : Insights from a mechanistic model
Transboundary and emerging diseases, 2020Co-Authors: Timothée Vergne, Mathieu Andraud, Sarah Bonnet, Nick De Regge, Marc Desquesnes, Johanna Fite, Florence Etore, Mutien‐marie Garigliany, Ferran Jori, Laetitia LempereurAbstract:African swine fever (ASF) represents a global threat with huge economic consequences for the swine industry. Even though direct contact is likely to be the Main Transmission route from infected to susceptible hosts, recent epidemiological investigations have raised questions regarding the role of haematophagous arthropods, in particular the stable fly (Stomoxys calcitrans). In this study, we developed a mechanistic vector-borne Transmission model for ASF virus (ASFV) within an outdoor domestic pig farm in order to assess the relative contribution of stable flies to the spread of the virus. The model was fitted to the ecology of the vector, its blood-feeding behaviour and pig-to-pig Transmission dynamic. Model outputs suggested that in a context of low abundance (
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Putative Role of Arthropod Vectors in African Swine Fever Virus Transmission in Relation to Their Bio-Ecological Properties
Viruses, 2020Co-Authors: Sarah Bonnet, Laetitia Lempereur, Nick De Regge, Johanna Fite, Florence Etore, Mutien‐marie Garigliany, Ferran Jori, Emilie Bouhsira, Marie-frédérique Le Potier, Elsa QuilleryAbstract:African swine fever (ASF) is one of the most important diseases in Suidae due to its significant health and socioeconomic consequences and represents a major threat to the European pig industry, especially in the absence of any available treatment or vaccine. In fact, with its high mortality rate and the subsequent trade restrictions imposed on affected countries, ASF can dramatically disrupt the pig industry in afflicted countries. In September 2018, ASF was unexpectedly identified in wild boars from southern Belgium in the province of Luxembourg, not far from the Franco-Belgian border. The French authorities rapidly commissioned an expert opinion on the risk of ASF introduction and dissemination into metropolitan France. In Europe, the Main Transmission routes of the virus comprise direct contact between infected and susceptible animals and indirect Transmission through contaminated material or feed. However, the seasonality of the disease in some pig farms in Baltic countries, including outbreaks in farms with high biosecurity levels, have led to questions on the possible involvement of arthropods in the Transmission of the virus. This review explores the current body of knowledge on the most common arthropod families present in metropolitan France. We examine their potential role in spreading ASF—by active biological or mechanical Transmission or by passive transport or ingestion—in relation to their bio-ecological properties. It also highlights the existence of significant gaps in our knowledge on vector ecology in domestic and wild boar environments and in vector competence for ASFV Transmission. Filling these gaps is essential to further understanding ASF Transmission in order to thus implement appropriate management measures.
Ariadna Vidal Martinez - One of the best experts on this subject based on the ideXlab platform.
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global corporate bond issuance what role for us quantitative easing
Research Papers in Economics, 2014Co-Authors: Marco Lo Duca, Giulio Nicoletti, Ariadna Vidal MartinezAbstract:The paper investigates the impact of US quantitative easing (QE) on global non-financial corporate bond issuance. It distinguishes between two QE instruments, MBS/GSE debt and Treasury bonds, and disentangles between two channels of Transmission of QE to global bond markets, namely flow effects (purchases) and stock effects (holdings). We control for a number of domestic and global macro-financial factors. In particular, we control for weaknesses in crossborder and domestic banking which might have induced the corporate sector to issue more bonds. The results indicate that US QE had a large impact on corporate bond issuance, especially in emerging markets, and that flow effects (i.e. portfolio rebalancing) were the Main Transmission channel of QE. A counterfactual analysis shows that bond issuance in emerging markets since 2009 would have been halved without QE. JEL Classification: E52, E58, F42, G15
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global corporate bond issuance what role for us quantitative easing
Social Science Research Network, 2014Co-Authors: Marco Lo Duca, Giulio Nicoletti, Ariadna Vidal MartinezAbstract:The paper investigates the impact of US quantitative easing (QE) on global non-financial corporate bond issuance. It distinguishes between two QE instruments, MBS/GSE debt and Treasury bonds, and disentangles between two channels of Transmission of QE to global bond markets, namely flow effects (purchases) and stock effects (holdings). We control for a number of domestic and global macro-financial factors. In particular, we control for weaknesses in cross-border and domestic banking which might have induced the corporate sector to issue more bonds. The results indicate that US QE had a large impact on corporate bond issuance, especially in emerging markets, and that flow effects (i.e. portfolio rebalancing) were the Main Transmission channel of QE. A counterfactual analysis shows that bond issuance in emerging markets since 2009 would have been halved without QE.
Pablo Druck - One of the best experts on this subject based on the ideXlab platform.
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collateral damage dollar strength and emerging markets growth
The North American Journal of Economics and Finance, 2018Co-Authors: Pablo Druck, Nicolas E Magud, Rodrigo MariscalAbstract:Abstract We document a negative relation between the strength of the U.S. dollar and emerging markets’ growth: when the dollar is strong, emerging markets’ real GDP growth decreases—and vice versa. The Main Transmission channel is through (i) an income effect owing to the impact of the dollar on global commodity prices, and (ii) capital/production-inputs imports. As the dollar strengthens, dollar-commodity prices fall, depressing domestic demand growth via lower dollar income, thus reducing emerging markets’ growth. Domestic demand decelerates in countries relying on importing capital/inputs for domestic production, as their cost increases when their currencies weaken, despite any expansionary expenditure-switching effect.
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collateral damage dollar strength and emerging markets growth
Research Papers in Economics, 2015Co-Authors: Pablo Druck, Nicolas E Magud, Rodrigo MariscalAbstract:We document that, historically, although stronger growth in the U.S. increases growth in emerging markets, U.S. dollar appreciation (depreciation) cycles—which are highly persistent—mitigate (amplify) the impact on real GDP growth in emerging markets. We argue that the Main Transmission channel of the latter is through an income effect: as the dollar appreciates, commodity prices fall; weaker commodity prices depress domestic demand via lower real income; real GDP in emerging markets decelerates; and vice versa. These effects hold despite any potential expenditure-switching effect resulting from the relative (to the U.S. dollar) currency depreciation of emerging market economies. We also show the negative effect on emerging markets’ growth of U.S. interest rates beyond the effects of the U.S. real exchange rate and real GDP growth. Therefore, at the time of writing, emerging markets’ growth is expected to reMain subdued reflecting, intera alia, the expected persistence of the strong dollar and the anticipated increased in the U.S. interest rates.
Sarah Bonnet - One of the best experts on this subject based on the ideXlab platform.
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Mechanical Transmission of African swine fever virus by Stomoxys calcitrans : Insights from a mechanistic model
Transboundary and emerging diseases, 2020Co-Authors: Timothée Vergne, Mathieu Andraud, Sarah Bonnet, Nick De Regge, Marc Desquesnes, Johanna Fite, Florence Etore, Mutien‐marie Garigliany, Ferran Jori, Laetitia LempereurAbstract:African swine fever (ASF) represents a global threat with huge economic consequences for the swine industry. Even though direct contact is likely to be the Main Transmission route from infected to susceptible hosts, recent epidemiological investigations have raised questions regarding the role of haematophagous arthropods, in particular the stable fly (Stomoxys calcitrans). In this study, we developed a mechanistic vector-borne Transmission model for ASF virus (ASFV) within an outdoor domestic pig farm in order to assess the relative contribution of stable flies to the spread of the virus. The model was fitted to the ecology of the vector, its blood-feeding behaviour and pig-to-pig Transmission dynamic. Model outputs suggested that in a context of low abundance (
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Putative Role of Arthropod Vectors in African Swine Fever Virus Transmission in Relation to Their Bio-Ecological Properties
Viruses, 2020Co-Authors: Sarah Bonnet, Laetitia Lempereur, Nick De Regge, Johanna Fite, Florence Etore, Mutien‐marie Garigliany, Ferran Jori, Emilie Bouhsira, Marie-frédérique Le Potier, Elsa QuilleryAbstract:African swine fever (ASF) is one of the most important diseases in Suidae due to its significant health and socioeconomic consequences and represents a major threat to the European pig industry, especially in the absence of any available treatment or vaccine. In fact, with its high mortality rate and the subsequent trade restrictions imposed on affected countries, ASF can dramatically disrupt the pig industry in afflicted countries. In September 2018, ASF was unexpectedly identified in wild boars from southern Belgium in the province of Luxembourg, not far from the Franco-Belgian border. The French authorities rapidly commissioned an expert opinion on the risk of ASF introduction and dissemination into metropolitan France. In Europe, the Main Transmission routes of the virus comprise direct contact between infected and susceptible animals and indirect Transmission through contaminated material or feed. However, the seasonality of the disease in some pig farms in Baltic countries, including outbreaks in farms with high biosecurity levels, have led to questions on the possible involvement of arthropods in the Transmission of the virus. This review explores the current body of knowledge on the most common arthropod families present in metropolitan France. We examine their potential role in spreading ASF—by active biological or mechanical Transmission or by passive transport or ingestion—in relation to their bio-ecological properties. It also highlights the existence of significant gaps in our knowledge on vector ecology in domestic and wild boar environments and in vector competence for ASFV Transmission. Filling these gaps is essential to further understanding ASF Transmission in order to thus implement appropriate management measures.
