A U.S. Financial Conditions Index : Putting Credit Where Credit is Due /
This paper uses vector autoregressions and impulse-response functions to construct a U.S. financial conditions index (FCI). Credit availability-proxied by survey results on lending standards-is an important driver of the business cycle, accounting for over 20 percent of the typical contribution of f...
| मुख्य लेखक: | |
|---|---|
| स्वरूप: | पत्रिका |
| भाषा: | English |
| प्रकाशित: |
Washington, D.C. :
International Monetary Fund,
2008.
|
| श्रृंखला: | IMF Working Papers; Working Paper ;
No. 2008/161 |
| ऑनलाइन पहुंच: | Full text available on IMF |