Macroprudential policy stance assessment: the case of Croatia
https://doi.org/10.3326/pse.48.4.3 | Published online: December 13, 2024 Graph 1
Cumulative MPI values for Croatia, different sources Table 1
Financial vulnerabilities variables
Source: Author. Table 2
AIC values of several model specifications
Source: Author’s calculation. Graph 2
Real GDP growth, year-on-year, in % Graph 3
Histogram, kernel density and QQ plot for year-on-year real GDP growth rate Table 3
UC test results (p-values) for all three models
Source: Author’s calculation. Graph 4
Macroprudential policy index dynamics Graph 5
Financial vulnerabilities in Croatia, different measures Graph 6
Comparison of CLIFS (ECB version) to the HIFS (CNB version) of financial stress Graph 7
Comparing pseudo-R squares of individual variables Graph 8
Graph 8 Pseudo R-squares for models (1) to (3) Graph 9
Estimated coefficients for models (1) – (3), h = 4 quarters ahead Graph 10
Macroprudential policy effects on future growth Graph 11
Fitted growth distributions from model (1), h = 4 Graph 12
Distance to tail from models (1) to (3)
Views
462
Downloads
60 Visits refer to users (not robots) and are expressed cumulatively . Article visits include visits to the article web page and visits to all full text files regarding this article. To obtain a more realistic insight into the actual visits and reduce the possibility of manipulation (manually or automated) the following records were filtered out:
|
December, 2024 IV/2024 |
