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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Helbling, Thomas
Muut tekijät: Huidrom, Raju, Kose, Ayhan, Otrok, Christopher
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2010.
Sarja:IMF Working Papers; Working Paper ; No. 2010/261
Linkit:Full text available on IMF