Search Results - subject:"Financial conditions"

Financial conditions and economic activity : the case of Türkiye

Ergül, Özgür; Günay, Mahmut - In: Borsa Istanbul Review 25 (2025) 1, pp. 163-182

This study conducts a comprehensive analysis of the effects of changes in financial conditions on the economy of … Türkiye, for which financial conditions indices were constructed. To examine possible changes in the relationship between … financial conditions and the real economy due to the unique nature of the COVID-19 pandemic, the impacts of financial conditions …

Persistent link: https://www.econbiz.de/10015334522

Statistical identification in panel structural vector autoregressive models based on independence criteria

Herwartz, Helmut; Wang, Shu - In: Journal of Applied Econometrics 39 (2024) 4, pp. 620-639

This paper introduces a novel panel approach to structural vector autoregressive analysis. For identification, we impose independence of structural innovations at the pooled level. We demonstrate robustness of the method under cross‐sectional correlation and heterogeneity through simulation...

Persistent link: https://www.econbiz.de/10015191356

Monetary policy, macro-financial vulnerabilities, and macroeconomic outcomes

Papavangjeli, Meri; Geršl, Adam - 2024

Given the prevailing global circumstances, characterized by tightening global financial conditions and substantial … macro-financial vulnerabilities, the significance of monitoring financial conditions becomes even more pronounced and calls …, the paper examines the transmission of monetary policy and financial conditions shocks to the real economy, by capturing …

Persistent link: https://www.econbiz.de/10014577253

A financial stress indicator for Germany

Metiu, Norbert - 2024

This paper describes the Bundesbank's weekly financial stress indicator for Germany. The indicator condenses several financial market variables into a summary measure of financial stress. It represents a contemporaneous, market-based indicator that captures the materialisation of systemic risk...

Persistent link: https://www.econbiz.de/10015211120