Showing 11 - 20 of 1,310
Persistent link: https://www.econbiz.de/10001591785
Persistent link: https://www.econbiz.de/10013426937
Using variance decompositions in vector auto-regressions (VARs) we model a high-dimensional network of European CDS spreads to assess the transmission of credit risk to the non-financial corporate sector. Our findings suggest a sectoral clustering in the CDS network, where financial institutions...
Persistent link: https://www.econbiz.de/10011978741
therefore, investment funds may potentially become a shock transmission channel. …
Persistent link: https://www.econbiz.de/10012603304
Persistent link: https://www.econbiz.de/10013446432
Persistent link: https://www.econbiz.de/10013400253
Persistent link: https://www.econbiz.de/10013400259
seven major OECD countries using Uhlig's (2005) agnostic identification procedure. This method allows a housing demand shock … left unrestricted. The results suggest that consumption responds positively and significantly to a house price shock in … shock in Germany, Japan, the UK and the US, suggesting that while central banks do not seem to respond instantly and …
Persistent link: https://www.econbiz.de/10009690177