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pronounced in the case of loan supply shocks. Taking a regional angle, Central-, Eastern- and Southeastern Europe (CESEE) and …
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is dominated by the catching up process of regions in Central and Eastern Europe (CEE), whereas convergence within …
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In this paper we put forward a Bayesian Model Averaging method dealing with model uncertainty in the presence of potential spatial autocorrelation. The method uses spatial filtering in order to account for different types of spatial links. We contribute to existing methods that handle spatial...
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