Arbeitspapier
A single composite financial stress indicator and its real impact in the euro area
In this paper, we construct a single composite financial stress indicator (FSI) which aims to predict developments in the real economy in the euro area. Our FSI was shown to perform better than the Euro STOXX 50 volatility index for the recent banking crisis and the euro-area sovereign debt crisis and to be able to serve as an early warning indicator for negative impacts of financial stress on the real economy.
- ISBN
-
9783865589484
- Language
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Englisch
- Bibliographic citation
-
Series: Bundesbank Discussion Paper ; No. 31/2013
- Classification
-
Wirtschaft
Hypothesis Testing: General
Financial Crises
- Subject
-
financial stress indicator
predictability
financial crisis
real economy
- Event
-
Geistige Schöpfung
- (who)
-
Islami, Mevlud
Kurz-Kim, Jeong-Ryeol
- Event
-
Veröffentlichung
- (who)
-
Deutsche Bundesbank
- (where)
-
Frankfurt a. M.
- (when)
-
2013
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Islami, Mevlud
- Kurz-Kim, Jeong-Ryeol
- Deutsche Bundesbank
Time of origin
- 2013
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