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The Role of Financial Variables in Predicting Economic Activity in the Euro Area.

The U.S. business cycle typically leads the European cycle by a few quarters and this can be used to forecast euro area GDP. We investigate whether financial variables carry additional information. We use vector autoregressions (VARs) which include the U.S. and the euro area GDPs as a minimal set of...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Lombardi, Marco
Otros Autores: Espinoza, Raphael A., Fornari, Fabio
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2009.
Colección:IMF Working Papers.
Temas:
Acceso en línea:Texto completo