Do Credit Shocks Matter? : A Global Perspective /
This paper examines the importance of credit market shocks in driving global business cycles over the period 1988:1-2009:4. We first estimate common components in various macroeconomic and financial variables of the G-7 countries. We then evaluate the role played by credit market shocks using a seri...
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Andre forfattere: | , , |
Format: | Tidsskrift |
Sprog: | English |
Udgivet: |
Washington, D.C. :
International Monetary Fund,
2010.
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Serier: | IMF Working Papers; Working Paper ;
No. 2010/261 |
Online adgang: | Full text available on IMF |