Financial Cycles : What? How? When? /

This paper provides a comprehensive analysis of financial cycles using a large database covering 21 advanced countries over the period 1960:1-2007:4. Specifically, we analyze cycles in credit, house prices, and equity prices. We report three main results. First, financial cycles tend to be long and...

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Bibliographic Details
Main Author: Terrones, Marco
Other Authors: Claessens, Stijn, Kose, Ayhan
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2011.
Series:IMF Working Papers; Working Paper ; No. 2011/076
Online Access:Full text available on IMF