Title:Dealing with financial instability under a DSGE modeling approach with banking intermediation : a predictability analysis versus TVP-VARs Author(s):BEKIROS, Stelios D.; CARDANI, Roberta; PACCAGNINI, Alessia; VILLA, StefaniaDate:2016Citation:
- Journal of financial stability, 2016, Vol. 26, pp. 216-227
Type:ArticleAbstract:In the dynamic stochastic general equilibrium (DSGE) literature there has been an increasing awareness on the role that the banking sector can play in macroeconomic activity. We present a DSGE model with financial ...
Title:Beggar-thy-neighbor? : the international effects of ECB unconventional monetary policy measures Author(s):BLUWSTEIN, Kristina; CANOVA, FabioDate:2016Citation:
- International journal of central banking (IJCB), 2016, Vol. 12, No. 3, pp. 69-120
Type:ArticleAbstract:This paper examines the effects of unconventional monetary policy measures by the European Central Bank on nine European countries not adopting the euro with a novel Bayesian mixed-frequency structural vector autoregressive ...