Geopolitical risk and sovereign stress in the Euro Area
NEW WORKING PAPER: Using local projections, this paper documents that neither global geopolitical risk (GPR) shocks nor GPR shocks originating in smaller euro area countries have a significant…
NEW WORKING PAPER: Using local projections, this paper documents that neither global geopolitical risk (GPR) shocks nor GPR shocks originating in smaller euro area countries have a significant…
Allow me to share this podcast from the Federal Reserve Bank of Richmond where Marina Azzimonti discusses the mechanisms that could lead to an institutional risk premium. The…
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