Author/Editor: Marco Gross, Thierry Tressel, Xiaodan Ding, Eugen Tereanu.

Release Date:April, 2022

We present an analysis of the sensitivity of household mortgage probabilities of default (PDs) and loss given default (LGDs) on unemployment rates, house price growth, interest rates, and other more...

Author/Editor: Pavol Jurča, J�n Klacso, Eugen Tereanu, Marco Forletta, Marco Gross.

Release Date:July, 2020

We develop a semi-structural quantitative framework that combines micro and macroeconomic data to assess the effectiveness of combinations of borrower-based macroprudential measures in Slovakia. We more...

Author/Editor: Eugen Tereanu, Anita Tuladhar, Alejandro Simone.

Release Date:June, 2014

Potential output estimation plays a crucial role in conducting fiscal policy based on structural balances. Difficulties in estimating potential output could lead to an erroneous policy stance with a more...

Author/Editor: Eugen Tereanu, Johanna L Francis, Dilek Aykut.

Release Date:December, 2010

We identify global and regional fluctuations in international private debt flows to emerging and developing countries using data on cross border loans and international bond issuance over 1993 -2009. more...

Author/Editor: Eugen Tereanu.

Release Date:September, 2010

This paper applies intertemporal models of precautionary saving to compute an optimal level of international reserves for The Gambia. The analysis focuses on current account shocks specific to a more...

Author/Editor: Nicoletta Batini, Eugen Tereanu.

Release Date:May, 2009

After a long period of global price stability, in 2008 inflation increased sharply following unprecedented increases in the price of oil and other commodities, notably food. Although inflation more...