Details about Paolo Wolf Guarda

Access statistics for papers by Paolo Wolf Guarda.

Last updated 2026-02-23. Update your information in the RePEc Author Service.

Short-id: pgu652

Working Papers

2025

1. The ESCB forecasting models: what are they and what are they good for?
   Occasional Paper Series, European Central Bank

2021

2. Climate change and monetary policy in the euro area
   Occasional Paper Series, European Central Bank View citations (28)

2019

3. Measuring real and financial cycles in Luxembourg: An unobserved components approach
   BCL working papers, Central Bank of Luxembourg View citations (1)
4. Why do social networks introduce virtual currencies?
   BCL working papers, Central Bank of Luxembourg View citations (1)

2018

5. Real and financial cycles in EU countries - Stylised facts and modelling implications
   Occasional Paper Series, European Central Bank View citations (48)

2015

6. Is the financial sector Luxembourg?s engine of growth?
   BCL working papers, Central Bank of Luxembourg
7. Public debt, population ageing and medium-term growth
   Occasional Paper Series, European Central Bank View citations (4)

2013

8. Financial shocks and the macroeconomy: heterogeneity and non-linearities
   Occasional Paper Series, European Central Bank View citations (31)

2012

9. An MVAR framework to capture extreme events in macro-prudential stress tests
   Working Paper Series, European Central Bank View citations (3)
   Also in BCL working papers, Central Bank of Luxembourg (2011) View citations (1)
10. Macro-Financial Linkages: evidence from country-specific VARs
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (8)
    Also in BCL working papers, Central Bank of Luxembourg (2012) View citations (6)

2011

11. Changes in bank specialisation: comparing foreign subsidiaries and branches in Luxembourg
    BCL working papers, Central Bank of Luxembourg View citations (5)
12. Is foreign-bank efficiency in financial centers driven by home-country characteristics?
    CEPA Working Papers Series, University of Queensland, School of Economics View citations (3)
    Also in BCL working papers, Central Bank of Luxembourg (2011) View citations (1)

2007

13. Banking output & price indicators from quarterly reporting data
    BCL working papers, Central Bank of Luxembourg View citations (10)

2005

14. Estimating the natural interest rate for the euro area and Luxembourg
    BCL working papers, Central Bank of Luxembourg View citations (13)

2004

15. The new Keynesian Phillips curve: empirical results for Luxembourg
    BCL working papers, Central Bank of Luxembourg View citations (5)

2002

16. Potential output and the output gap in Luxembourg: some alternative methods
    BCL working papers, Central Bank of Luxembourg View citations (12)

Journal Articles

2021

1. Do newer tenants pay higher rent?
   BCL Bulletin Analyses, 2021, 2021-1, 77-84

2013

2. Identifying bank outputs and inputs with a directional technology distance function
   Journal of Productivity Analysis, 2013, 40, (2), 185-195 View citations (13)
3. Is foreign-bank efficiency in financial centers driven by home or host country characteristics?
   Journal of Productivity Analysis, 2013, 40, (3), 367-385 View citations (22)

2010

4. Croissance potentielle et chômage structurel: Une perspective trimestrielle
   BCL Bulletin Analyses, 2010, 2010-1, 108-115

2008

5. Compétitivité et exportations
   BCL Bulletin Analyses, 2008, 2008-1, 90-96

2006

6. La fiabilité des estimations de l’écart de production
   BCL Bulletin Analyses, 2006, 2006-1, 106-112

2005

7. Estimation du taux d’intérêt réel naturel pour la zone euro et pour le Luxembourg
   BCL Bulletin Analyses, 2005, 2005-2, 89-90

2004

8. La courbe de Phillips néo-keynésienne - Résultats empiriques pour le Luxembourg
   BCL Bulletin Analyses, 2004, 2004-2, 83-84

2003

9. Les taux de change effectifs en tant qu’indicateurs de compétitivité
   BCL Bulletin Analyses, 2003, 2003-3, 84-94
10. Politique monétaire et rigidités
    BCL Bulletin Analyses, 2003, 2003-2, 56-61

2000

11. Dynamique de la croissance et spécialisation: analyse en panel des branches industrielles
    Brussels Economic Review, 2000, 167, 275-298 View citations (3)

Undated

12. A mixture vector autoregressive framework to capture extreme events in macro-prudential stress tests
    Journal of Risk Model Validation

Books

2009

1. Productivity in the Financial Services Sector
   SUERF Studies, SUERF - The European Money and Finance Forum View citations (3)

Chapters

2005

1. The Luxembourg block of the multi-country model
   Chapter 13 in Econometric Models of the Euro-area Central Banks, 2005 View citations (5)