Showing 1 - 10 of 553
Persistent link: https://www.econbiz.de/10013208921
Persistent link: https://www.econbiz.de/10011544416
Persistent link: https://www.econbiz.de/10012493319
In this paper, we construct a single composite financial stress indicator (FSI) which aims to predict developments in the real economy in the euro area. Our FSI was shown to perform better than the Euro STOXX 50 volatility index for the recent banking crisis and the euro-area sovereign debt...
Persistent link: https://www.econbiz.de/10009792981
Persistent link: https://www.econbiz.de/10011438885
Persistent link: https://www.econbiz.de/10010460186
In this paper, we examine the relationship between market participants' perception of central bank predictability and … and their overall communication skills on the one hand, and market participants' perception of the banks' predictability … contribute to better central bank predictability. This raises doubts about the widely-held notion that implementing ever more …
Persistent link: https://www.econbiz.de/10011447433
In this paper, we examine the relationship between market participants' perception of central bank predictability and … and their overall communication skills on the one hand, and market participants' perception of the banks' predictability … contribute to better central bank predictability. This raises doubts about the widely-held notion that implementing ever more …
Persistent link: https://www.econbiz.de/10011447633
Persistent link: https://www.econbiz.de/10010192409
This study investigates the predictability of revisions to Euro-area major macroeconomic variables using real-time data … the predictability of revisions. Though there is wide evidence of the nonnormality of the distribution function of …, this study performs tests for parameter instability, and includes structural breaks explicitly in the predictability …
Persistent link: https://www.econbiz.de/10011775633