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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Détails bibliographiques
Auteur principal: Helbling, Thomas
Autres auteurs: Huidrom, Raju, Kose, Ayhan, Otrok, Christopher
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2010.
Collection:IMF Working Papers; Working Paper ; No. 2010/261
Accès en ligne:Full text available on IMF