Reversing the Financial Accelerator : Credit Conditions and Macro-Financial Linkages /

This paper examines the role of credit markets in the transmission of U.S. macro-financial shocks through the prism of a financial conditions index (FCI) based on a vector autoregression (VAR) methodology. It explores the relative predictive power of market variables compared to credit standards/con...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Bayoumi, Tamim
अन्य लेखक: Darius, Reginald
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2011.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2011/026
ऑनलाइन पहुंच:Full text available on IMF