Finance, potential output and the business cycle
Octavio Fernández-Amador (),
Martin Gächter () and
Friedrich Sindermann ()
Chapter 14 in Financial Cycles and the Real Economy, 2014, pp 235-264 from Edward Elgar Publishing
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)
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Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:15914_14
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