Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10012214796
Persistent link: https://www.econbiz.de/10003452432
We analyze the interaction between credit and asset prices in the transmission of shocks to the real economy. We estimate a Markov switching VAR for the euro area and the US, including additionally GDP, CPI and a short-term interest rate. We find evidence for two distinct states in both regions....
Persistent link: https://www.econbiz.de/10011604862
We analyze the interaction between credit and asset prices in the transmission of shocks to the real economy. We estimate a Markov switching VAR for the euro area and the US, including additionally GDP, CPI and a short-term interest rate. We find evidence for two distinct states in both regions....
Persistent link: https://www.econbiz.de/10003554973
Persistent link: https://www.econbiz.de/10001828800
Persistent link: https://www.econbiz.de/10001693151
Persistent link: https://www.econbiz.de/10001694618
Persistent link: https://www.econbiz.de/10001791350
Persistent link: https://www.econbiz.de/10003072606
Persistent link: https://www.econbiz.de/10013531854