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A U.S. financial conditions index : putting credit where credit is due /

This paper uses vector autoregressions and impulse-response functions to construct a U.S. financial conditions index (FCI). Credit availability--proxied by survey results on lending standards--is an important driver of the business cycle, accounting for over 20 percent of the typical contribution of...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Swiston, A. (Andrew James) (Autor)
Autor Corporativo: International Monetary Fund. Western Hemisphere Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, Western Hemisphere Dept., 2008.
©2008
Colección:IMF working paper ; WP/08/161.
Temas:
Acceso en línea:Texto completo