How Do Business and Financial Cycles Interact? photograph

How Do Business And Financial Cycles Interact?

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Originally published April 2011
Authors Stijn Claessens
M. Ayhan Kose
Marco E. Terrones
Date of Reg.
Date of Upd.
ID2180372
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About How Do Business And Financial Cycles Interact?


This paper analyzes the interactions between business and financial cycles using an extensive database of over 200 business and 700 financial cycles in 44 countries for the period 1960:1-2007:4. Our results suggest that there are strong linkages between different phases of business and financial cycles. . . .

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