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What happens during recessions, crunches and busts?

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What happens during recessions, crunches and busts?

Claessens, Stijn; Kose, M. Ayhan; Terrones, Marco E. - 2008

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What happens during recessions, crunches and busts

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What Happens During Recessions, Crunches, and Busts?

Terrones, Marco - 2008

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 analyze the implications of 122 recessions, 112 (28) credit...