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factors on those features, resorting to panel data analysis. Focusing on the EU15 and US economies, with data ranging from …
Persistent link: https://www.econbiz.de/10012815750
In this paper, we investigate the impact of macroprudential policy measures (bundled together into a macroprudential policy index, MPI) on the non-financial corporate sector credit and household credit growth using a one-step system GMM empirical research method. The goal of our paper is to test...
Persistent link: https://www.econbiz.de/10014309997
financial sector-specific stress across a panel of advanced and emerging economy central banks. We use a factor …-augmented dynamic panel threshold regression model with (estimated) common components to deal with crosssectional dependence. We find …
Persistent link: https://www.econbiz.de/10011636194
The paper examines the effect of inflation on growth in transition countries. It presents panel data evidence for 13 … transition countries over the 1990-2003 period; it uses a fixed effects, full-information maximum likelihood, panel approach to … simultaneous system. This allows for possible simultaneity bias in the baseline model. -- Growth ; transition ; panel data …
Persistent link: https://www.econbiz.de/10003785297
The paper examines the effect of inflation on growth in transition countries. It presents panel data evidence for 13 … transition countries over the 1990-2003 period; it uses a fixed effects panel approach to account for possible bias from … demand that allows for possible simultaneity bias in the baseline model. -- growth ; transition; panel data ; inflation …
Persistent link: https://www.econbiz.de/10003873058
Persistent link: https://www.econbiz.de/10003762933
Europe’s financial landscape has substantial institutional variety. This reflects different societal responses to (or preferences with regard to) trade-offs. For monetary policy, it implies a challenging environment, particularly in times of financial crises. Using a non-linear VAR-model we...
Persistent link: https://www.econbiz.de/10012051208
Persistent link: https://www.econbiz.de/10011754672
Persistent link: https://www.econbiz.de/10009412188
We provide comprehensive evidence of the widespread occurrence of inflation convergence between all countries of the European Union from 1999 to 2016. We also show that convergence was more inclusive in the years after the global financial crisis—including the European sovereign debt crisis...
Persistent link: https://www.econbiz.de/10011758407