Similar Search Results

Current accounts dynamics in OECD and EU acceding countries - an intertemporal approach

Bussière, Matthieu; Fratzscher, Marcel; Müller, Gernot J. - European Central Bank - 2004

panel of 33 countries, including the ten EU acceding countries and structural current account positions are derived. A …

Persistent link: https://www.econbiz.de/10005033415

How useful is the marginal expected shortfall for the measurement of systemic exposure? A practical assessment

Idier, Julien; Lamé, Gildas; Mésonnier, Jean-Stéphane - European Central Bank - 2013

by Brownlees and Engle (2011) for a panel of 65 large US banks over the last decade and a half. Running panel regressions …

Persistent link: https://www.econbiz.de/10010686754

Real wages and local unemployment in the euro area

Sanz de Galdeano, Anna; Turunen, Jarkko - European Central Bank - 2005

We present empirical evidence of the extent of wage rigidity in the euro area and European countries derived from longitudinal data on individuals. Wage rigidity is measured by the elasticity of individual real wages with respect to local unemployment. The results suggest that the elasticity is...

Persistent link: https://www.econbiz.de/10005025572

Current account benchmarks for central and eastern Europe: a desperate search?

Ca' Zorzi, Michele; Chudik, Alexander; Dieppe, Alistair - European Central Bank - 2009

sustainability approach á la Lane and Milesi-Ferretti (LM) versus the structural current accounts literature (SCA) based on panel …

Persistent link: https://www.econbiz.de/10005344844

Panel data estimates of the production function and product and labor market imperfections

Dobbelaere, Sabien; Mairesse, Jacques - European Central Bank - 2007

industry and the firm level using an unbalanced panel of 10646 French firms in 38 manufacturing industries over the period 1978 …

Persistent link: https://www.econbiz.de/10005344920

Credit channel and investment behaviour in Austria: a micro-econometric approach

Valderrama, Maria Teresa - European Central Bank - 2001

Using individual firm data, this study analyzes the credit channel in Austria. The estimation is based on an accelerator specification of investment demand augmented by the liquidity ratio and a firm specific user cost of capital. The results show that there is a credit channel in Austria...

Persistent link: https://www.econbiz.de/10005344928

The euro as invoicing currency in international trade

Kamps, Annette - European Central Bank - 2006

. With a new extensive invoicing dataset and a panel model analysis this paper shows that a country’s membership or …

Persistent link: https://www.econbiz.de/10005344942

The impact of supply constraints on bank lending in the euro area - crisis induced crunching?

Hempell, Hannah Sabine; Kok, Christoffer - European Central Bank - 2010

in general and has done so particularly during the financial crisis. Applying a cross-country panel-econometric approach …

Persistent link: https://www.econbiz.de/10008694055

Observation driven mixed-measurement dynamic factor models with an application to credit risk

Creal, Drew; Schwaab, Bernd; Koopman, Siem Jan; Lucas, … - European Central Bank - 2013

We propose a dynamic factor model for mixed-measurement and mixed-frequency panel data. In this framework time series …

Persistent link: https://www.econbiz.de/10010753728

Monetary transmission: empirical evidence from Luxembourg firm level data

Lünnemann, Patrick; Mathä, Thomas Y. - European Central Bank - 2001

This paper investigates the transmission of monetary policy using data from a panel of Luxembourg firms. The results …

Persistent link: https://www.econbiz.de/10005816161