ψ0 + u1)
(
(ρ− θ (ψ0 + u1))N−1 (ρ− θψ0) x0
)
• Impulse Responses of xt to each type...)
Exogenous Shock Reaction Function Shock
DEC June 2025 12
Int Rate IRF by...
share in the estimated total balance sheet
of financial institutions is almost 90...0.2
0.3
0.4
0.5
0.6
0.7
0.8
0.9
1995 1996 1997 1998 1999 2000
Over 95%...
application: a business plan for the first three years of business, setting out the types...as 'authorisation to establish a branch in a Member State') at the latest within...
