 | Transmission of Financial Stress in Europe: The Pivotal Role of Italy and Spain, but not Greece Author/Editor: Brenda Gonzalez-Hermosillo, Christian A Johnson. Release Date:May, 2014 This paper proposes a stochastic volatility model to measure sovereign financial distress. It examines howkey European sovereign credit default swap (CDS) spreads affect each other; specifically, the more...
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| Potential Output and Output Gap in Central America, Panama and Dominican Republic Author/Editor: Christian A Johnson. Release Date:June, 2013 Potential Output is a key factor for debt sustaintability analysis and for developing strategies for growth, but unfortunately it is an unobservable variable. Using three methodologies (production more...
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