Stolbov, Michail I.; Shchepeleva, Maria - In: Risks : open access journal 10 (2022) 12, pp. 1-22
pronounced role of the global factors capturing the stance of the US monetary policy, while in the preceding sub-periods, the …. Regardless of the sub-periods, advanced economies' credit-to-GDP gaps appear more dependent on the global factors than the gaps … credit-to-GDP gaps to the global factors. …