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The Nature of Financial and Real Business Cycles The Great Moderation and Banking Sector Pro-Cyclicality /

This paper takes a fresh look at the nature of financial and real business cycles in OECD countries using annual data series and shorter quarterly and monthly economic indicators. It first analyses the main characteristics of the cycle, including the length, amplitude, asymmetry and changes of these...

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Main Author: Égert, Balázs.
Corporate Author: OECD iLibrary.
Other Authors: Sutherland, Douglas.
Format: Online
Language:English
Published: Paris : OECD Publishing, 2012.
Series:OECD working papers. Economic Department working papers ; no. 938.
Subjects:
Online Access:Online version
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