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...

Descrizione completa

Dettagli Bibliografici
Autore principale: Helbling, Thomas
Altri autori: Huidrom, Raju, Kose, Ayhan, Otrok, Christopher
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2010.
Serie:IMF Working Papers; Working Paper ; No. 2010/261
Accesso online:Full text available on IMF