Egan, Paul; McQuinn, Kieran; O'Toole, Conor - 2022
This working paper provides an updated overview of the financial block satellite model in COSMO. This block allows for … an analysis of macrofinancial relationships and links these back into the main COSMO specification. The critical … risks. This update to the suite of macro-financial linkages in COSMO revisits equations for financial distress (mortgage …