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, macroeconomic imbalance, economic growth, economic integration, financial risk, volatility and trade effects. The main aims of this … Volatility Spillover In Time Of Crisis: Evidence From A Smooth Transition Regression Application -- 5. Bank Lending … among financial markets. Moreover, the Brexit and US-China trade tension has intensified uncertainty and the economic …
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and supervisory arrangements adequate when market volatility increases and financial institutions come under stress? In …
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Apart from a priori assumptions on instantaneous or long run effects of structural shocks, sign restrictions have become a prominent means for structural vector autoregressive (SVAR) analysis. Moreover, second order heterogeneity of systems of times series can be fruitfully exploited for...
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