Claessens, Stijn; Kose, M. Ayhan; Terrones, Marco E. - In: Economic Policy 24 (2009) 10, pp. 653-700
"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 particular, we analyse the implications of 122 recessions, 113 (28) credit...
