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The lingering effects of the economic crisis are still visible—this shows a clear need to improve...

This paper analyzes the interactions between business and financial cycles using an extensive...

This paper provides a comprehensive analysis of financial cycles using a large database covering...

Macrofinancial linkages have long been at the core of the IMF's mandate to oversee the stability...

We identify current challenges for creating stable, yet efficient financial systems using lessons...

Even after one of the most severe multi-year crises on record in the advanced economies, the...