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...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Herman, Alexander
מחברים אחרים: Igan, Deniz, Sole, Juan
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2015.
סדרה:IMF Working Papers; Working Paper ; No. 2015/143
גישה מקוונת:Full text available on IMF