M Drehmann, K Tsatsaronis - BIS Quarterly Review March, 2014 - papers.ssrn.com
Basel III uses the gap between the credit-to-GDP ratio and its long-term trend as a guide for setting countercyclical capital buffers. Criticism of this choice centres on three areas:(i) the …
D Buncic, C Moretto - The North American Journal of Economics and …, 2015 - Elsevier
We use data from the London Metal Exchange (LME) to forecast monthly copper returns using the recently proposed dynamic model averaging and selection (DMA/DMS) …
D Buncic, KIM Gisler - International Journal of Forecasting, 2016 - Elsevier
Abstract Rapach et al.(2013) recently showed that US equity market returns contain valuable information for improving return forecasts in global equity markets. In this study, we extend …
T Beck, E Feyen - World Bank Policy Research Working Paper, 2013 - papers.ssrn.com
Across the world, supply for financial services rarely matches the demand, given multiple market frictions. This paper discusses the concept of the financial possibilities frontier as a …
T Beck, O De Jonghe - World Bank Policy Research Working Paper, 2013 - papers.ssrn.com
Using both market-based and annual report-based approaches to measure lending specialization for a broad cross-section of banks and countries over the period 2002 to …
M Drehmann, J Yetman - International Journal of Central Banking, 2021 - ijcb.org
Table OA4. 1: AUCs for Different Measures of the Credit Gap, 1985: Q1–2000: Q4 (corresponds to upper panel of figure 4 in the paper and figure OA4. 1 in this appendix) …
This paper applies a life-cycle model with individual income uncertainty in order to investigate the determinants of credit to households. We show that the household credit to …
Purpose For close to two decades, the West African Monetary Zone (WAMZ) has been preparing to launch a second monetary union within the ECOWAS region. This study aims to …
This paper proposes a semi-structural approach to identifying excessive household credit developments. Using an overlapping generations model, a normative trend level for the real …