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...
Tác giả chính: | |
---|---|
Tác giả khác: | |
Định dạng: | Tạp chí |
Ngôn ngữ: | English |
Được phát hành: |
Washington, D.C. :
International Monetary Fund,
2011.
|
Loạt: | IMF Working Papers; Working Paper ;
No. 2011/026 |
Truy cập trực tuyến: | Full text available on IMF |