Financial and Real Economy, Are there Multiplicative Effects?

Giovanni Zanetti

L'industria, 2008, issue 2, 165-172

Abstract: The paper analyzes the effects of the international crisis triggered by the subprime mortgages on the real business cycle. The author explores the feedbacks between financial and real economy, primarily focusing on the impact of a financial crisis on the real sectors. He then examines the industrial policy measures aimed at limiting the consequences of the crisis.

Keywords: Subprime Mortgages; Interest Rates; Real Economy (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:mul:j0hje1:doi:10.1430/27260:y:2008:i:2:p:165-172

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