What Happens During Recessions, Crunches, and Busts? photograph

What Happens During Recessions, Crunches, And Busts?

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Originally published December 2008
Authors M. Ayhan Kose
Stijn Claessens
Marco E. Terrones
Date of Reg.
Date of Upd.
ID2180357
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About What Happens During Recessions, Crunches, And Busts?


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. . . .

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