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Persistent link: https://www.econbiz.de/10012650400
The urgency of estimating the impact of climate risks on the financial system is increasingly recognized among scholars and practitioners. By adopting a network approach to financial dependencies, we look at how climate policy risk might propagate through the financial system. We develop a...
Persistent link: https://www.econbiz.de/10012855741
behavioral reactivity of the financial disruptions mentioned above. The model was estimated through the panel estimated …
Persistent link: https://www.econbiz.de/10012124345
mitigate economic downturns in the short run and whether such impact differs in crisis and non crisis times. We use panel … ; panel analysis …
Persistent link: https://www.econbiz.de/10003983667
Asset encumbrance is a central concept in the context of banks’ liquidity crises, as it is associated with their capacity to obtain secured funding. This occasional paper summarises the work carried out by the task force on asset encumbrance, bringing together analyses by the ECB and those...
Persistent link: https://www.econbiz.de/10012617772
countries via indirect taxation. In this study I use panel data analysis, in order to analyze the impact of global financial …
Persistent link: https://www.econbiz.de/10012312272
panel smooth threshold regression model quantify and explain them: 1) investors have penalized a deterioration of …
Persistent link: https://www.econbiz.de/10011974869
, Brazil, China, India, Mexico, Russia and South Africa) by means of panel and individual time series. Our study period ranged … & Chu; PP-Fisher and ADF-Fisher) were also applied on panel data. The results reveal that all markets under study … financial crisis was found on efficiency of these stock markets individually. Similar results were obtained from panel data …
Persistent link: https://www.econbiz.de/10013009693
The European debt crisis has revealed serious deficiencies and risks on a proper functioning of the monetary union. Against this backdrop, early warning systems are of crucial importance. In this study that focuses on euro area member states, the robustness of early warning systems to predict...
Persistent link: https://www.econbiz.de/10011803028
Persistent link: https://www.econbiz.de/10013488787