Blot, Christophe; Creel, Jérôme; Hubert, Paul; … - Sciences économiques, Sciences Po - 2014
conditional variances of price and financial stability, and second, the effects of macro and policy variables on this relationship …’s “conventional wisdom” that price stability would yield financial stability. Using simple correlations, VAR and Dynamic Conditional … Correlations, we reject the hypothesis that price stability is positively correlated to financial stability. We then discuss the …