https://www.imf.org/external/pubs/ft/scr/2016/cr16348.pdf

Finally, the paper uses an aggregate measure of uncertainty from the data submitted by forecasters that replied to two consecutive rounds and finds significant increases in

7 Weight assigned to best forecaster (cont.). e) Using density forecasts of unemployment one year ahead.. 8 Weighted averages of individual measures of uncertainty using the

Figure 7 shows how the VSTOXX declines abruptly in 2012, just after the start of the ECB’s Long-Term Refinancing Operations (LTROs). That was also the year when Mario

If the banks have proposed a net settlement system, the central bank in country i then updates its beliefs to that the risk of the foreign bank, <£,-, is uniformly

(1999), “Zero-Coupon Yield Curve Estimation from a Central Bank Perspective”, NBH Working paper, Economics and Research Department, , National Bank of Hungary.. (1991), Métodos

In particular, we analyze how bank- a¢ liated mutual funds trade in the stock of the parent bank and show that, consistently with the price support hypothesis, a¢ liated mutual

Dos ellas se han aceptado de forma parcial. a) Referente a las variables que se han utilizado para contrastar la hipótesis relacionada con la cuenta de pérdidas y ganancias (ingre-

In this respect we can classify institutions in three categories: Cooperation and development ( Union of Arab Banks,1974; Islamic Development Bank, 1975; Arab Monetary Fund,