studies or
“synthetic counterfactuals” or SCM
• Abadie et al: AER 2003, JASA...Campos and
Kinoshita 2010 IMFSP)
� Anti-smoking legislation (Abadie et al....
t
Similar: similarity of the size of the financial sector (“new” trade theory)
REL...:
With
Xijt: cross-border loans from bank country to customer country at time t...
World Bank iso3 country code
country Country name
year Year 4137 1990 2010
legal rel...institutional quality (relative factor scores) 2452 0.00 0.95 -2.15 1.93
political...
World Bank iso3 country code
country Country name
year Year 4137 1990 2010
legal rel...institutional quality (relative factor scores) 2452 0.00 0.95 -2.15 1.93
political...
It emerged in the wa-
ke of the widely-known Mexican crisis (1994/95) and was
followed...Japan and heavy government sup-
port encouraged big investments in Southeast Asia...
Given a relatively low expected inflation rate and the still rel-
atively slow recovery...annually in the third
quarter of 2016, trending down more strongly than exports...
Given a relatively low expected inflation rate and the still rel-
atively slow recovery...annually in the third
quarter of 2016, trending down more strongly than exports...
nominal HCIs of a euro area country aim to track changes in the value of the euro relative...The real HCIs aim to assess a euro area country’s price or cost competitiveness...
placements, the growth in total loans in August (transaction-based) slowed down to 3.9% relative...In August, loans to trade and manufacturing fell the most...
Taking into account relatively favourable recent indicators of economic activity,...epidemiological situation in most European countries over the past months and the...
