Financial Stress, Downturns, and Recoveries /
This paper examines why some financial stress episodes lead to economic downturns. The paper identifies episodes of financial turmoil using a financial stress index (FSI), and proposes an analytical framework to assess the impact of financial stress-in particular banking distress-on the real economy...
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Altri autori: | , |
Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2009.
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Serie: | IMF Working Papers; Working Paper ;
No. 2009/100 |
Accesso online: | Full text available on IMF |