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...
Autor Principal: | |
---|---|
Outros autores: | , , |
Formato: | Revista |
Idioma: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2010.
|
Series: | IMF Working Papers; Working Paper ;
No. 2010/261 |
Acceso en liña: | Full text available on IMF |