percent current account deterioration9
or 5 percent devaluation) and value 1 is set...interest rates as well – espe-
cially the lending interest rates that are also...
When the measure was introduced in February 2003, the ratio was set at 35%....to monetary loosening as it leaves banks with more funds, which were previously...
The bank set aside HRK 200m for housing fi-
nance through the Fund....instalments must satisfy the conditions related to credit-
worthiness that are...
From the set of available data, DEA identifies reference points (relatively ef-...DMU)
separately, producing individual efficiency measures relative to the entire...
Due to short time series, we couldn’t estimate a
model in which a full set of variables...which the data on house prices is available.
9 We first started our analysis...
gazette Narodne novine, No. 44/1994), the premium amount
and payment schedule are set...and
105/1998), the method for determining the risk of banks and savings banks is...
results of the estimated factor model,
i.e. the estimated common component of the set...developed
an algorithm (named the BBQ algorithm) which identifies the identical...
non-financial corporations, credit in-
stitutions still partially apply interest rates set...the credit relationship and
the variable component, which fluctuates within...
into two components: the Preventive Arm
(1998) which required member states to set...However, there are several important differences between the old and the new...
policy
instruments, while the executive and the legislative pow-
er continue to set...transparency is not only a
democratic standard, but also a tool to improve the...
The demand side
also includes a set of fiscal variables and real-fiscal interactions...of these variables
are modelled as standard fiscal accounting identities with a...
into global, euro area specific
and domestic ones, but also to identify a full set...over-parameterization present in traditional VAR models, especially if the data...
operations of other forces, such as forces in the realm of
ministries of the interior...Their impact will be continuously monitored in the context of a comprehensive...
participation in the ERM II, while Romania adopted
a strategy for euro adoption and set...mon-
etary policy independence as the ability of the national central bank to...
80
macroprudential instrument, techniques that take into account a broader set...filter (HP, Hodrick and
Prescott, 1997) with the lambda (smoothing parameter)...
parameters z, j
and b are first estimated on an airline11 model for the selected set...(BIC) is used, and a model to which a minimum BIC-value corresponds; there is a...
economic functions, such as
allocating resources and spreading risk as well as set...establishment and formali-
sation of a macroprudential framework until the on-...
the allocation of the reserve requirement, also requires com-
mercial banks to set...of new research papers on this topic refer to the basic theoretical frameworks...
Hence, the Maastricht Treaty set the cri-
teria (conditions) for participation in...such a country would not be interested in joining monetary union, unless
it can...
Using a panel data set of EU consumer prices between 1975 and
1995, Sosvilla-Rivero...level convergence was confirmed by Cecchetti, Mark and Sonora
(2000) on panel data...
Primarily, using a newly created data set, the pa-
per disaggregates the foreign...in the estimation of the foreign
ownership premium using a considerably broader...
linking these
channels with the main sources of bank vulnerability at the on-
set...This was a reasonable assumption given the large
4 The Swiss National Bank...
For Europe, Jansen and de Haan (2003) run a set of tests about the relation-
ship...While there are some differences in maturity (banks usually offer a...
transforms
data by saving as much information as possible from the
initial variable set...the approach
of Goodhart and Hoffman (2000), who focus on the
impact of a...
Permanent full-time – Those with employment contracts that do not set a termination...Permanent part-time – Those with employment contracts that do not...
Data and methodology
We use a comprehensive data set of monthly macroeconom-
ic...the FCLR
base
15/1/2003 15/4/2003 19 25 40 40 1,5 9,5 35 16
200% res. cover...
id=239.
2 About CompNet
The CompNet1 was set up by the European Union
(EU) System...in detail in Lopez-Garcia et al. (2014 and 2015), and
contains a comprehensive...
Therefore, the first step in
the application of time series methods was to set up...Expert Model
The Expert model is not a formal econometric model, but rather the...
The procedure for re-balancing the GTAP data set is documented by Rutherford
(1998...in developing CGE models for less developed countries is to re-balance the data...
Furthermore, it also
means that the estimation will be based on a much larger set...intensity of this effect is determined by the way in
which producers/exporters...
fourth section presents an over-
view of the characteristics of the unique data set...means that Croatian banks can trade
with any bank in the world up to the limits...
The first building societies were set up shortly after this
Act came into effect...This gives us reason to believe that the requirements and
procedures...
Instead of a system characterized by
two national players and a set of regional...large Croa-
tian banks used their market power to lead the quiet life, we run a...
Before the crisis, the set of unconventional mon-
etary (macroprudential measures...maximum likelihood method (Maddala and Nelson, 1974), a
procedure that selects the...
Then, the ma-
jor characteristics of the data set are shown with a short
overview...the situation where students are
being tested by several teachers on the same...
assuming an exogenous probability of crisis, the
probability of crisis parameter was set...that the value of this parameter reflects the exogenous probability of crisis...
concluded with a first-class insurance
company in line with the internal limits set...on the most expen-
sive types of loans, are
on average much below
the limits...
February
2006, the central bank introduced a special reserve requirement, which was set...bills for 50% of the amount for which their
credit growth exceeded the 12%...
decisions to indebtedness depends on other firm-specific
characteristics, we perform a set...the over-indebted firms as well as
the firm-level debt thresholds, we perform...
for Forecasting Croatian Tourism Arrivals
3
not take this approach since the set...market did not show a significant response, mirroring the superior infor-
mation...
It-1),
where δj is the shock given to element j in et, It-1 is the information set...a managed fluctuating exchange rate of kuna to euro, where
the euro price was...
quarter (Table 1) are somewhat better than those based on a more narrow information set...Watson (2004): Combination forecasts of output growth in a seven-country data...
most pronounced a
month prior to the very beginning of conversion and the month
set...in expected inflation (vs perceived) did
not fuel demands for higher wages and...
Glick and Rose
(2016), using the advanced estimation method8 on a large data
set...a numerical calculation for a full (three-dimensional: exporter-importer-time)...
ure 6)8, in particular in those that have large external foreign
8 A broader set...their financial independence, whereas
rules that do not allow central banks to...
Explanatory variables include a
set of variables for the size of the firm (micro...variables (accounting for differences in production technology of firms), including a...
specific residential property character-
istics, are now estimated on a narrower set...for small datasets) and that, which is especially important for our database, the...
of Croatian Households’ Debt Participation
Abstract: This paper uses a new data set...results of the estimated factor model, i.e. the estimated common component of the...
To put it differently, for the first t' periods, the gap series is set
at all times...forecasted based on the estimates, then
they are added to the original credit ratio...
of entrepreneurs (RGFI) for the period 2002 – 2013, i.e. that part of the data set...because it follows the so called standard linear (regression)
model for panels3, to...
