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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Bibliographic Details
Call Number:Libro Electrónico
Main Author: Swiston, A. (Andrew James) (Author)
Corporate Author: International Monetary Fund. Western Hemisphere Department
Format: Electronic eBook
Language:Inglés
Published: Washington, D.C. : International Monetary Fund, Western Hemisphere Dept., 2008.
©2008
Series:IMF working paper ; WP/08/161.
Subjects:
Loans > United States > Econometric models.
Credit > United States > Econometric models.
Prêts > États-Unis > Modèles économétriques.
Crédit > États-Unis > Modèles économétriques.
Credit > Econometric models
Economic history
Loans > Econometric models
Finanzmarkt.
Kreditwürdigkeit.
USA.
United States > Economic conditions > Econometric models.
États-Unis > Conditions économiques > Modèles économétriques.
United States
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