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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Bibliographic Details
Main Author: Égert, Balázs (-)
Other Authors: Sutherland, Douglas
Format: eBook Section
Language:Inglés
Published: Paris : OECD Publishing 2012.
Series:OECD Economics Department Working Papers, no.938.
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009705028106719

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