What Happens During Recessions, Crunches and Busts? /

We provide a comprehensive empirical characterization of the linkages between key macroeconomic and financial variables around business and financial cycles for 21 OECD countries over the period 1960-2007. In particular, we analyze the implications of 122 recessions, 112 (28) credit contraction (cru...

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Bibliographic Details
Main Author: Terrones, Marco
Other Authors: Claessens, Stijn, Kose, Ayhan
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2008.
Series:IMF Working Papers; Working Paper ; No. 2008/274
Online Access:Full text available on IMF

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