The financial cycle and macroeconomics: what have we learned and what are the policy implications?

Chapter 2 in Financial Cycles and the Real Economy, 2014, pp 10-35 from Edward Elgar Publishing

Abstract: What is the link between the financial cycle – financial booms, followed by busts – and the real economy? What is the direction of this link and how salient is this connection? This unique book examines these fundamental questions and offers a paramount contribution to the debate surrounding the recent financial and economic crisis.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (416)

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