The Real Effects of Financial Sector Risk.
This paper estimates the magnitude of key effects on the real economy from financial sector stress. We focus on the short-run feedback effect from market-based indicators of financial sector risk to the real economy through the credit channel, and estimate this effect on an economy-wide (macro) leve...
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington :
International Monetary Fund,
2009.
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| Series: | IMF Working Papers.
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| Online Access: |
Full text (Emmanuel users only) |