Showing 21 - 30 of 873
This paper describes how we constructed a real time database for the euro area covering more than 200 series regularly published in the European Central Bank Monthly Bulletin, as made available ahead of publication to the Governing Council members before their first meeting of the month. We...
Persistent link: https://www.econbiz.de/10008568578
We show that two macroeconomic factors have an important predictive content for governmentbond yields and excess returns. These factors are not spanned by the cross-section of yields andare well proxied by economic growth and real interest rates.
Persistent link: https://www.econbiz.de/10010606850
Persistent link: https://www.econbiz.de/10008530966
In this paper we construct a large Bayesian Vector Autoregressive model (BVAR) for the Euro area that captures the complex dynamic inter-relationships between the main components of the Harmonized Index of Consumer Prices (HICP) and their determinants. The model generates accurate conditional...
Persistent link: https://www.econbiz.de/10010786467
In this paper, we construct a large Bayesian Vector Autoregressive model (BVAR) for the Euro Area that captures the complex dynamic inter-relationships between the main components of the Harmonized Index of Consumer Price (HICP) and their determinants. The model is estimated using Bayesian...
Persistent link: https://www.econbiz.de/10008468558
Persistent link: https://www.econbiz.de/10003958065
Persistent link: https://www.econbiz.de/10010514781
Persistent link: https://www.econbiz.de/10010514782
Persistent link: https://www.econbiz.de/10005475163
Persistent link: https://www.econbiz.de/10005475164