2 papers
econ.EM2024
Machine Learning the Macroeconomic Effects of Financial Shocks
Niko Hauzenberger, Florian Huber, Karin Klieber +1
We propose a method to learn the nonlinear impulse responses to structural shocks using neural networks, and apply it to uncover the effects of US financial shocks. The results rev…
econ.EM2024
Asymmetries in Financial Spillovers
Florian Huber, Karin Klieber, Massimiliano Marcellino +2
This paper analyzes nonlinearities in the international transmission of financial shocks originating in the US. To do so, we develop a flexible nonlinear multi-country model. Our f…