-
Expecting the unexpected: Stressed scenarios for economic growth (Replication...
We propose the construction of conditional growth densities under stressed factor scenarios to assess the level of exposure of an economy to small probability but potentially... -
Too Much of a Good Thing? Households’ Macroeconomic Conditions and Credit Dyn...
Favorable macroeconomic conditions, accompanied by optimistic consumer confidence, can stimulate and shape households' expectations in such a way that they gradually extrapolate...
