| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP10511 |
| DP10511 Credit, Financial Stability, and the Macroeconomy | |
| Alan M. Taylor | |
| 发表日期 | 2015-03-29 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | Since the 2008 global financial crisis, and after decades of relative neglect, the importance of the financial system and its episodic crises as drivers of macroeconomic outcomes has attracted fresh scrutiny from academics, policy makers, and practitioners. Theoretical advances are following a lead set by a fast-growing empirical literature. Recent long-run historical work has uncovered a range of important stylized facts concerning financial instability and the role of credit in advanced economies, and this article provides an overview of the key findings. |
| 主题 | Economic History ; International Macroeconomics |
| 关键词 | Banks Financial crisis Financial history Leverage Macroeconomic history Macroprudential policy monetary policy Recessions |
| URL | https://cepr.org/publications/dp10511 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/539343 |
| 推荐引用方式 GB/T 7714 | Alan M. Taylor. DP10511 Credit, Financial Stability, and the Macroeconomy. 2015. |
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