We identify the effects of monetary policy on credit risk‐taking with an exhaustive credit
register of loan applications and contracts. We separate the changes in the composition of …

In this paper we study high‐dimensional time series that have the generalized dynamic
factor structure. We develop a test of the null of k0 factors against the alternative that the …

This paper examines the relationship between climate risk and climate policy uncertainty,
and CO2 emissions in the US over the 2000–2022 period using a structural Factor …

This paper introduces a drifting-parameter asymptotic framework to derive accurate
approximations to the finite sample distribution of the principal components (PC) estimator in …

When asked for his opinion in the 1960s on what had been the impact of the French
revolution, the Chinese premiere Zhou Enlai famously said,“It's too early to tell.” This might …

The transmission of monetary policy to the economy is generally thought to have long and
variable lags. In this paper we quantitatively review the modern literature on monetary …

Bibliography | Emerald Insight Books and journals Case studies Expert Briefings Open
Access Publish with us Advanced search Bibliography Perry Warjiyo Solikin M. Juhro …

I analyze spillover effects from a Euro area monetary policy shock to fourteen European
countries outside the Euro area. The analysis is based on a factor-augmented VAR model …

This paper offers evidence on the effect of ECB's conventional and unconventional monetary
policy on economic expectations in Euro-area countries during the US and EU crisis. We …

This paper compares alternative estimation procedures for multi-level factor models which
imply blocks of zero restrictions on the associated matrix of factor loadings. We suggest a …