Series: IMF Working Papers
Author(s): Marco Terrones , Ayhan Kose , and Stijn Claessens
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2008
Keywords: credit crunches, house prices, busts, recession, business cycle,
We provide a comprehensive empirical characterization of the linkages between key macroeconomic and financial variables around business and financial cycles for 21 OECD countries over the period 1960-2007. In parti...