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Persistent link: https://www.econbiz.de/10011542121
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We estimate a multivariate early-warning model to assess the usefulness of private credit and other macro … in particular global credit growth are strong predictors of domestic vulnerabilities. Moreover, domestic credit variables …
Persistent link: https://www.econbiz.de/10013248845
We estimate a multivariate early-warning model to assess the usefulness of private credit and other macro … in particular global credit growth are strong predictors of domestic vulnerabilities. Moreover, domestic credit variables …
Persistent link: https://www.econbiz.de/10011975644
setting? This paper tries to isolate the pure signalling effect that one sector might exert on the other by controlling for … (signalling effect). There is strong evidence of public wages’ leadership, either in conjunction with bi-directional links from …-the-year linkages). - Government wages ; private sector wages ; signalling, causality ; mixed frequency data ; causal graph …
Persistent link: https://www.econbiz.de/10003970201
? This paper tries to isolate the pure signalling effect that one sector might exert on the other by controlling for other …
Persistent link: https://www.econbiz.de/10013149144
setting? This paper tries to isolate the pure signalling effect that one sector might exert on the other by controlling for … (signalling effect). There is strong evidence of public wages' leadership, either in conjunction with bi-directional links from …
Persistent link: https://www.econbiz.de/10013149406
We compute joint sovereign default probabilities as coincident systemic risk indicators. Instead of commonly used CDS spreads, we use government bond yield data which provide a longer data history. We show that for the more recent sample period 2008--2015, joint default probabilities based on...
Persistent link: https://www.econbiz.de/10011531096
We compute joint sovereign default probabilities as coincident systemic risk indicators. Instead of commonly used CDS spreads, we use government bond yield data which provide a longer data history. We show that for the more recent sample period 2008-2015, joint default probabilities based on CDS...
Persistent link: https://www.econbiz.de/10012984287
Persistent link: https://www.econbiz.de/10003779969