𝔖 Bobbio Scriptorium
✦   LIBER   ✦

The European Redemption Pact: Implementation and macroeconomic effects

✍ Scribed by Hasan Doluca, Malte Hübner, Dominik Rumpf, Benjamin Weigert

Book ID
118793052
Publisher
Springer-Verlag
Year
2012
Tongue
English
Weight
156 KB
Volume
47
Category
Article
ISSN
0020-5346

No coin nor oath required. For personal study only.

📜 SIMILAR VOLUMES

Forecasting the European Credit Cycle Us
Forecasting the European Credit Cycle Using Macroeconomic Variables
✍ Florian Ielpo 📂 Article 📅 2011 🏛 John Wiley and Sons 🌐 English ⚖ 964 KB

## ABSTRACT We question the ability of macroeconomic data to predict risk appetite and ‘flight‐to‐quality’ periods in the European credit market using a model inspired by the Markov switching literature. This model allows for a direct mapping of exogenous variables into state probabilities. We find