Financial Stress and Economic Dynamics the transmission of crises unpublished appendix
نویسندگان
چکیده
Included here are two appendices. Appendix A has information on model priors, selected material on the data, and some details on computation. Appendix B contains an extended treatment of alternative measures of stress, and alternative measures of real activity, including how these measures compare to the base case model in terms of picking up the same state probabilities and, in some cases, qualitative discussions of how they forecast out of sample. • JEL Classification: E44, C11, C32. •
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