Structural differences in the Eurozone: measuring financial stability by FCI

In this paper, we apply two novel methodological approaches, Tucker three-way principal component analysis and locally weighted principal component analysis, to construct financial conditions index for Eurozone countries. The aim is to point out how real and financial macroeconomic variables affect...

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Veröffentlicht in:	Macroeconomic dynamics 2020, Vol.24 (1), p.69-92
1. Verfasser:	Foglia, Matteo
Format:	Artikel
Sprache:	eng
Schlagworte:	Economic theory European Monetary Union Eurozone Macroeconomics Principal components analysis
Online-Zugang:	Volltext
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