3 papers
econ.EM2025
Heterogeneous economic growth vulnerability across Euro Area countries under stressed scenarios
Claudio Lissona, Esther Ruiz
We analyse economic growth vulnerability of the four largest Euro Area (EA) countries under stressed macroeconomic and financial conditions. Vulnerability, measured as a lower quan…
econ.EM2024
Dealing with idiosyncratic cross-correlation when constructing confidence regions for PC factors
Diego Fresoli, Pilar Poncela, Esther Ruiz
In this paper, we propose a computationally simple estimator of the asymptotic covariance matrix of the Principal Components (PC) factors valid in the presence of cross-correlated…
stat.AP2024
Temperature in the Iberian Peninsula: Trend, seasonality, and heterogeneity
C. Vladimir Rodríguez-Caballero, Esther Ruiz
In this paper, we propose fitting unobserved component models to represent the dynamic evolution of bivariate systems of centre and log-range temperatures obtained monthly from min…