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and busts in asset market are associated with the fluctuations in overall economic activity through its impacts on … activity. …
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credit supply to economic growth, the total contribution of the consolidated credit growth to real activity was not …
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area economic activity, with one standard deviation increase in the identified uncertainty shock subtracting around 0 …
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) jointly considered, monetary policy does not have any long run relationship with economic activity. (2) credit transmission …
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