The financial cycle can be thought of as economic fluctuations that are amplified by – or stem directly from – the financial system. It typically manifests ...

16 мар. 2020 г. · The domestic financial cycle is characterised by the evolution of credit and housing prices: credit provides a good description of the ...

The financial cycle has a much lower frequency than the traditional business cycle (Drehmann et al (2012)). As traditionally measured, the business cycle ...

Once financial cycles peak, the real economy typically suffers. This is most evident around financial crises, which tend to follow exuberant credit and asset ...

In this study, we show that financial cycles differ considerably in length across countries using a novel empirical method called power cohesion.

29 апр. 2021 г. · Bank credit and GDP tend to have the longest cycles, with long build-ups (around 5–6 years) and faster downturn (about 1–1.5 years). Their ...

An economic cycle is the overall state of the economy as it goes through four stages in a cyclical pattern: expansion, peak, contraction, and trough.

There is a global financial cycle in capital flows, asset prices and in credit growth. This cycle co-moves with the VIX, a measure of uncertainty and risk ...

1 апр. 2011 г. · This paper provides a comprehensive analysis of financial cycles using a large database covering 21 advanced countries over the period ...

Abstract. We introduce a methodology to characterise financial cycles combining a novel multivariate spec- tral approach to identifying common cycle ...