and may call for some adjustments in the conduct of the ECB's monetary policy. …

This paper proposes an assessment of the monetary policy performed by the European Central Bank (ECB) and, more … specifically this paper investigates to what extent the ECB monetary policy decisions were guided by financial instability signals … is because, at the beginning of the ECB, instability counted for one third of the explanation of the interest rate rule …

We examine empirically whether financial asset prices may be admitted into the ECB interest rate rule. A correctly … specified monetary policy rule implying that the ECB reacts to stock prices movements must include some measure of the gap … European central banker: he significantly reacts to financial asset prices, by raising (lowering) the ECB main interest rate …

This paper aims to study the contagion effects of the subprime financial crisis on the real economy of the USA. The … contagion of this crisis is measured by increased linkages between markets after a shock has taken place (the stock market …

Within a forward forecast test on Dynamic Conditional Correlation (DCC), we investigate the contagion of the subprime … will employ "One step" and "N-step" forecast test to check the contagion effect. The results we have found show the … categories of contagion, ''positive'' and ''negative'' among different markets. …

The aim of this paper is to study the contagion effects of the subprime financial crisis on the real economy of … developed countries. The contagion of this crisis will be measured by increased linkages between markets after a shock has taken …

système financier. Dans cette étude, nous examinons si l'évaluation à la juste valeur est associée à une contagion au sein du … positive entre un régime comptable à la juste valeur et la contagion au sein du secteur bancaire pendant les périodes d …

. Le second, indirect, est associé au risque de contagion régionale, via les effets de spillover et le canal du créancier … bancaires et peuvent être victimes de phénomènes de contagion régionale. …

concept of contagion, then we introduce some parametric models used to detect the contagion phenomenum, then we introduce some …