Porada-Rochoń, Małgorzata; Škare, Marinko - In: Journal of business economics and management 21 (2020) 5, pp. 1375-1389
cause business cycles) to the empirical estimation of the Minsky moment. We use Braitung and Candelon (2006) Granger … causality test and discrete threshold model (Hansen, 2005) to the link between financial and business cycles in the UK from 1270 …-2016. Financial and business cycles relation varies over time with contemporary financial cycles being longer to their historical …