What Happens During Recessions, Crunches and Busts?

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. In particular, we analyze the implications of 122 recessions, 112 (28) credit contraction (crunch) episodes, 114 (28) episodes of house price... READ MORE...

Publication date: December 2008
ISBN 9781451871326
$18.00

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