Business Cycle in Czechoslovakia Under Central Planning : Were Credit Shocks Causing it? /

This paper examines credit origins of the business cycle in the former Czechoslovakia. Industrial production is found to be cointegrated with various measures of bank credit during 1976-90 and it is shown that noninvestment credits are Granger-causing industrial production and that a feedback relati...

সম্পূর্ণ বিবরণ

গ্রন্থ-পঞ্জীর বিবরন
প্রধান লেখক: Bulir, Ales
বিন্যাস: পত্রিকা
ভাষা:English
প্রকাশিত: Washington, D.C. : International Monetary Fund, 1996.
মালা:IMF Working Papers; Working Paper ; No. 1996/129
অনলাইন ব্যবহার করুন:Full text available on IMF