Charleroy, Rémy; Stemmer, Michael A. - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2014
The recent financial crisis has heightened the interest in the impact of financial sector developments on the macroeconomic condition of countries. By employing a rolling-window Vector Auto-Regressive method based on monthly data for a time span between January 2001 and March 2013, this article...