Output and Inflation Responses to Credit Shocks: Are There Threshold Effects in the Euro Area?

DOI10.2202/1558-3708.1253MaRDI QIDQ5452736zbMATH OpenOpenAlexFDO

Authors Alessandro Calza, João Sousa

Publication date 4 April 2008

Published in Studies in Nonlinear Dynamics & Econometrics (Search for Journal in Brave)

Full work available at URL http://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp481.pdf

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Credit risk (91G40)

Recommendations

• Credit Market Imperfections and Business Cycle Dynamics: A Nonlinear Approach
• Asymmetries in Monetary Policy Reaction Function: Evidence for U.S. French and German Central Banks
• Bank credit and economic growth: short-run evidence from a dynamic threshold panel model
• Chapter 12 State Asymmetries in the Effects of Monetary Policy Shocks on Output: Some New Evidence for the Euro-Area
• Nonlinear exchange rate pass-through and monetary policy credibility: evidence from Korea

Cited in

(7)

• Making Room for the Needy: The Credit-Reallocation Effects of the ECB’s Corporate QE*
• Credit Market Imperfections and Business Cycle Dynamics: A Nonlinear Approach
• Linear cointegration of nonlinear time series with an application to interest rate dynamics
• Non performing loans (NPLs) in a crisis economy: long-run equilibrium analysis with a real time VEC model for Greece (2001--2015)
• Testing for the effects of credit crunch on agriculture investment in the EU
• Dynamics between the budget deficit and the government debt in the United States: a nonlinear analysis
• Does risk aversion affect bank output loss? The case of the eurozone

This page was built for publication: Output and Inflation Responses to Credit Shocks: Are There Threshold Effects in the Euro Area?

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q5452736)