Search Results

Your search found 21 documents


Assessing House Prices in Canada

Author/Editor: Michal Andrle, Miroslav Plašil.

Release Date:November, 2019

This paper assesses house prices in 11 Canadian Census Metropolitan Areas (CMA) using the borrowing-capacity and the net-present-value approaches. The results indicate that by the end of 2018, house more...



Price: $18.00
Assessing House Prices with Prudential and Valuation Measures

Author/Editor: Michal Andrle, Miroslav Plašil.

Release Date:March, 2019

In this paper we provide tools for assessing the house prices and housing valuation. We develop two approaches: (i) borrowing capacity approach, and (ii) intrinsic value approach. The borrowing more...



Price: $18.00
The Present Value of Corporate Profits: A Forecasters' Survey Perspective

Author/Editor: Michal Andrle.

Release Date:January, 2019

This paper presents and discusses the estimates of the present value of corporate profits in the United States from 1984 to 2018. To value the expected income stream, it uses the long-range forecasts more...



Price: $18.00
Italy: Toward a Growth-Friendly Fiscal Reform

Author/Editor: Michal Andrle, Shafik Hebous, Alvar Kangur, Mehdi Raissi.

Release Date:March, 2018

Published in late 2017, the Italian medium-term fiscal plan aims to achieve structural balance by 2020, although concrete, high-quality measures to meet the target are yet to be more...



Price: $18.00
Italy: Quantifying the Benefits of a Comprehensive Reform Package

Author/Editor: Michal Andrle, Alvar Kangur, Mehdi Raissi.

Release Date:March, 2018

This paper seeks to quantify the net benefits of a comprehensive reform package aimed at addressing Italy’s inter-related challenges. Specifically, it simulates the growth and more...



Price: $18.00
Banks' Adjustment to Basel III Reform : A Bank-Level Perspective for Emerging Europe

Author/Editor: Michal Andrle, Vladimír Tomšík, Jan Vlcek.

Release Date:February, 2017

The paper seeks to identify strategies of commercial banks in response to higher capital requirements of Basel III reform and its phase-in. It focuses on a sample of nine EU emerging market countries more...



Price: $18.00
Output and Inflation Co-movement : An Update on Business-Cycle Stylized Facts

Author/Editor: Michal Andrle, Jan Bruha, Serhat Solmaz.

Release Date:December, 2016

What are the drivers of business cycle fluctuations? And how many are there? By documenting strong and predictable co-movement of real variables during the business cycle in a sample of advanced more...



Price: $18.00
System Priors for Econometric Time Series

Author/Editor: Michal Andrle, Miroslav Plašil.

Release Date:November, 2016

The paper introduces “system priors”, their use in Bayesian analysis of econometric time series, and provides a simple and illustrative application. System priors were devised by Andrle and Benes more...



Price: $18.00
Banks in The Global Integrated Monetary and Fiscal Model

Author/Editor: Michal Andrle, Michael Kumhof, Douglas Laxton, Dirk Muir.

Release Date:July, 2015

The Global Integrated Monetary and Fiscal model (GIMF) is a multi-region DSGE modeldeveloped by the Economic Modeling Division of the IMF for policy and scenario analysis.This paper compares two more...



Price: $18.00
Reforming Fiscal Governance in the European Union

Author/Editor: Michal Andrle, John C Bluedorn, Luc Eyraud, Tidiane Kinda, Petya Koeva Brooks, Gerd Schwartz, Anke Weber.

Release Date:May, 2015

Successive reforms have brought many positive elements to the European Union’s fiscal framework. But they have also increased its complexity. The current system involves an intricate set of fiscal more...



Price: $10.00
Next