i t t
1
2
t
= + - -
= + -
=
v v
v v
v v v
-
-
where si,t and i,
2
tv...value and volatility of the sub-index i at the moment t,
respectively and i ,j...
Against such a backdrop,
the credit risk of banks has decreased further, high profitability...macroprudential policy in other European Economic
Area countries
Against...
Q1 2003 Q2 2003
B
u
lg
a
ri
a
C
ze
c
h
R
e
p
u
b
li
c
E
s
to
n
ia
L
a
tv..., while the redemp-
tion of T-bills of the Ministry of Finance implies a mere...
CEfpit represents the firm’s currency exposure in trade,21defined as the share of trans...real
investments in emerging market economies (Avdjiev et al. 2019a; Hofmann &...
