Financial and Business Cycles in Brazil /

This paper explores the nexus between the financial cycle and business cycle in Brazil. Cycles are estimated using a variety of commonly-used statistical methods and with a small, semistructural model of the Brazilian economy. An advantage of using the model-based approach is that financial and busi...

Cijeli opis

Bibliografski detalji
Glavni autor: Krznar, Ivo
Daljnji autori: Matheson, Troy
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2017.
Serija:IMF Working Papers; Working Paper ; No. 2017/012
Online pristup:Full text available on IMF
LEADER 01692cas a2200253 a 4500
001 AALejournalIMF017374
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781475571042 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Krznar, Ivo. 
245 1 0 |a Financial and Business Cycles in Brazil /  |c Ivo Krznar, Troy Matheson. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2017. 
300 |a 1 online resource (28 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper explores the nexus between the financial cycle and business cycle in Brazil. Cycles are estimated using a variety of commonly-used statistical methods and with a small, semistructural model of the Brazilian economy. An advantage of using the model-based approach is that financial and business cycles can be jointly estimated, allowing information from all key economic relationships to be used in a consistent way. The results show that Brazil is now in the downturn phase of the financial cycle. Moreover, the results underscore the importance of macro-financial linkages and highlight risks to the recovery going forward. 
538 |a Mode of access: Internet 
700 1 |a Matheson, Troy. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2017/012 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2017/012/001.2017.issue-012-en.xml  |z IMF e-Library