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Understanding Financial Crises: Causes, Consequences, and Policy Responses
Claessens, Stijn; Kose, M. Ayhan; Laeven, Luc; … - 2013
The global financial crisis of 2007-09 has led to an intensive research program analyzing a wide range of issues related to financial crises. This paper presents a summary of a forthcoming book, Financial Crises: Causes, Consequences, and Policy Responses, that includes 19 contributions...
Persistent link: https://www.econbiz.de/10010500233
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FCIs and economic activity: Some international evidence
Goodhart, Charles A. E.; Hofmann, Boris - 2003
, is a commonly used indicator of aggregate demand conditions. In-sample evidence for the US, the euro area, Japan and the … performance is mixed. An FCI would have predicted the recent economic downturn in Japan and the UK, but not in the US and the euro …
Persistent link: https://www.econbiz.de/10010301215