Showing 1 - 10 of 64
There is a need to find better models and indicators for large disruptive events, not least in order to be more prepared and mitigate their effects. In this paper we take a step in this direction and discuss the performance of a financial stress indicator with a specific focus on the euro area....
Persistent link: https://www.econbiz.de/10003983636
While knowing there is a financial distress 'when you see it' might be true, it is not particularly helpful. Indeed, central banks have an interest in understanding more systematically how their communication affects the markets, not least in order to avoid unnecessary volatility; the markets...
Persistent link: https://www.econbiz.de/10013119434
Though unconventional monetary policy is still new, already there is a conventional wisdom that the impact of monetary policy is related to the composition of the asset mix. This turns out to be incomplete and potentially misleading. In this paper, we find more complex effects on bank lending...
Persistent link: https://www.econbiz.de/10014393221
There is a need to find better models and indicators for large disruptive events, not least in order to be more prepared and mitigate their effects. In this paper we take a step in this direction and discuss the performance of a financial stress indicator with a specific focus on the euro area....
Persistent link: https://www.econbiz.de/10013142439
Persistent link: https://www.econbiz.de/10003755130
Persistent link: https://www.econbiz.de/10003758742
Persistent link: https://www.econbiz.de/10008668359
Persistent link: https://www.econbiz.de/10003935069
Persistent link: https://www.econbiz.de/10008810182
Persistent link: https://www.econbiz.de/10003986449