economics_working_paper_2021_10_en.pdf
In this paper we assess the merits of financial condition indices constructed using simple averages versus a more sophisticated alternative that uses factor models with time varying parameters. Our analysis is based on data for 18 advanced and emerging economies at a monthly frequency covering about...
| Γλώσσα: | English |
|---|---|
| Έκδοση: |
European Investment Bank
2021
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