The Macroeconomic Relevance of Credit Flows : An Exploration of U.S. Data /

The Macroeconomic Relevance of Credit Flows : An Exploration of U.S. Data /

This paper exploits the Financial Accounts of the United States to derive long time series of bank and nonbank credit to different sectors, and to examine the cyclical behavior of these series in relation to (i) the long-term business cycle, (ii) recessions and recoveries, and (iii) systemic financi...

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Bibliografiske detaljer
Hovedforfatter:	Herman, Alexander
Andre forfattere:	Igan, Deniz, Sole, Juan
Format:	Tidsskrift
Sprog:	English
Udgivet:	Washington, D.C. : International Monetary Fund, 2015.
Serier:	IMF Working Papers; Working Paper ; No. 2015/143
Online adgang:	Full text available on IMF

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