KKB 1: Die weltwirtschaftliche Expansion ist im Verlauf des Jahres 2014 erneut ins Stocken geraten. Von einem Aufschwung, der von allen Regionen getragen wird,

KKB 15: Global growth has slowed down recently. While the world economy should gradually regain pace over the coming quarters, overall growth momentum is expect

KKB 55: Despite a temporary pick-up in world production at the start of the year, growth will continue to moderate amid a further deterioration in economic sentiment and elevated levels of uncertainty.

We quantify the contemporaneous relationships among stock markets in the euro area, the United States, and a group of emerging economies over the period