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  • Photo du rédacteurHélène Dufour

Assessing the Impact of Basel III: Evidence from Structural Macroeconomic Models

"... the effects of regulation are positive on GDP whenever the costs and benefits of regulation are both introduced. However, this result may be associated with a temporary economic slowdown in the transition to Basel III, which can be accommodated by monetary policy."


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Bayesian Adaptive Sparse Copula

This paper introduces a multivariate sparse multiscale Bernstein polynomial model for copula dependence structures, utilizing a Bayesian spike-and-slab prior. The method enhances efficiency by preserv

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