In this paper, we study the least squares (LS) estimator in a linear panel regression model with unknown number of factors appearing as interactive fixed effects. Assuming that the number of factors ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation We analyze how bank profitability impacts financial stability from both theoretical and empirical perspectives. We first ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation We measure the impact of frequent exogeneous shocks on small ECCU economies, including changes to global economic activity, ...