Financial Cycles: What? How? When?
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Originally published | April 2011 |
Authors | Stijn Claessens |
M. Ayhan Kose | |
Marco E. Terrones | |
Date of Reg. | |
Date of Upd. | |
ID | 1315943 |
About Financial Cycles: What? How? When?
This paper provides a comprehensive analysis of financial cycles using a large database covering 21 advanced countries over the period 1960:1-2007:4. Specifically, we analyze cycles in credit, house prices, and equity prices. We report three main results. . . .