- Adrian, Tobias and Hyun Song Shin (2010). “Liquidity and Leverageâ€Â, Journal of Financial Intermediation, 19, pp. 418437.
Paper not yet in RePEc: Add citation now
Aizenman, J., Chinn M. and Ito. H, (2015). “Monetary Policy Spillovers and the Trilemma in the New Normal: Periphery Country Sensitivity to Core Country Conditionsâ€Â, NBER Working Paper No. 21128, April 2015.
Alessi, Lucia and Kerssenfischer, Mark (2016). “The response of asset prices to monetary policy shocks: stronger than thought,†Working Paper Series 1967, European Central Bank.
Avouyi-Dovi, Sanvi and Matheron, Julien (2005). “Interactions between business cycles, financial cycles and monetary policy: stylised factsâ€Â. p. 273-98 in Bank for International Settlements eds., Investigating the relationship between the financial and real economy, vol.
Banternghansa Chanont and Adrian Peralta-Alva (2009). “Has the recent real estate bubble biased the output gap?†Economic Synopses, Federal Reserve Bank of St. Louis.
- Beck Thorsten, Asl Demirgüç-Kunt and Ross Levine (2000). “A New Database on Financial Development and Structureâ€Â, World Bank Economic Review 14, 597-605.
Paper not yet in RePEc: Add citation now
- Beck, Thorsten (2008). “The Econometrics of Finance and Growthâ€Â, World Bank Policy Research Paper 4608 (Washington: World Bank).
Paper not yet in RePEc: Add citation now
- Beck, Thorsten and Ross Levine (2004). “Stock Markets, Banks and Growth: Panel Evidenceâ€Â, Journal of Banking and Finance 28 (3): 42342.
Paper not yet in RePEc: Add citation now
- Beck, Thorsten, Ross Levine and Norman Loayza (2000). “Finance and the Sources of Growthâ€Â, Journal of Financial Economics, Vol. 58, pp. 261-300.
Paper not yet in RePEc: Add citation now
- Bekaert, Geert, Hoerova, Marie, and Lo Duca, Marco (2013). “Risk, uncertainty and monetary policyâ€Â, Journal of Monetary Economics, Elsevier, vol. 60(7), pages 771-788.
Paper not yet in RePEc: Add citation now
Bernanke, B. and M. Gertler (1989). “Agency costs, net worth, and business fluctuationsâ€Â, American Economic Review, 79, 1431.
- Bernanke, Ben S. (2012). “The Great Moderation†Book Chapters, in: Evan F. Koenig and Robert Leeson and George A. Kahn (ed.), The Taylor Rule and the Transformation of Monetary Policy, chapter 6 Hoover Institution, Stanford University.
Paper not yet in RePEc: Add citation now
- Bernanke, Ben, Mark Gertler, and Simon Gilchrist (1999). “The Financial Accelerator in a Quantitative Business Cycle Frameworkâ€Â, In Handbook of Macroeconomics. Vol. 1, ed. John B. Taylor and Michael Woodford, Chapter 21, 13411393. Elsevier.
Paper not yet in RePEc: Add citation now
Bernhofer Dominik, Octavio Fernndez-Amador, Martin Gchter, and Friedrich Sindermann (2014). “Finance, Potential Output and the Business Cycle: Empirical Evidence from Selected Advanced and CESEE Economies†Focus on European Economic Integration, Austrian Central Bank, issue 2, pages 52-75.
- BIS (2014). Bank for International Settlements, 84th Annual Report, 2013/14.
Paper not yet in RePEc: Add citation now
- BIS (2015). Bank for International Settlements, 85th Annual Report, 2014/15.
Paper not yet in RePEc: Add citation now
Boivin, Jean, Kiley, Michael T. and Mishkin, Frederic S., 2010. “How Has the Monetary Transmission Mechanism Evolved Over Time?,†Handbook of Monetary Economics, in: Benjamin M. Friedman and Michael Woodford (ed.), Handbook of Monetary Economics, edition 1, volume 3, chapter 8, pages 369-422 Elsevier.
Borio Claudio (2013). “The Great Financial Crisis: Setting priorities for new statistics,†Journal of Banking Regulation, Palgrave Macmillan, vol. 14(3-4), pages 306-317, July.
Borio Claudio (2014). “The financial cycle and macroeconomics: What have we learnt?†Journal of Banking and Finance, Elsevier, vol. 45(C), pages 182-198.
Borio Claudio, Frank Piti Disyatat, and Mikael Juselius (2013). “Rethinking potential output: Embedding information about the financial cycle,†BIS Working Papers 404, Bank for International Settlements.
Borio Claudio, Piti Disyatat and Mikael Juselius (2014). “A parsimonious approach to incorporating economic information in measures of potential output,†BIS Working Papers 442, Bank for International Settlements.
Boyd, J and B Smith (1998). “The evolution of debt and equity markets in economic development â€Â, Economic Theory, vol 12, pp 51960.
Brave Scott and R. Andrew Butters (2011). “Monitoring financial stability: a financial conditions index approach,†Economic Perspectives, Federal Reserve Bank of Chicago, issue Q I, pages 22-43.
Brunnermeier, M. K. and Sannikov, Y. (2014). “A Macroeconomic Model with a Financial Sectorâ€Â, American Economic Review 104 (2), 379421.
- Brunnermeier, Markus K, and Isabel Schnabel (2016). “Bubbles and Central Banks: Historical Perspectivesâ€Â. Central Banks at a Crossroads: What Can We Learn from History? Cambridge, UK: Cambridge University Press, 2016.
Paper not yet in RePEc: Add citation now
- Bruno, Valentina and Shin, Hyun Song (2014). “Cross-Border Banking and Global Liquidityâ€Â, (September 2014). BIS Working Paper No. 458.
Paper not yet in RePEc: Add citation now
- Bruno, Valentina and Shin, Hyun Song (2015). “Capital flows and the risk-taking channel of monetary policyâ€Â, Journal of Monetary Economics, Elsevier, vol. 71(C), pages 119-132.
Paper not yet in RePEc: Add citation now
Bry, Gerhard and Charlotte Boschan (1971). Cyclical Analysis of Time Series: Procedures and Computer Programs, New York, NBER.
Calvo, Guillermo A., Leonardo Leiderman, and Carmen Reinhart (1996). Capital Flows to Developing Countries in the 1990s: Causes and Effects, Journal of Economic Perspectives, vol. 10, Spring, pp. 123-139.
Carrillo Julio and Celine Poilly, (2013). “How do financial frictions affect the spending multiplier during a liquidity trap?†Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 16(2), pages 296-311, April.
Cerutti, Eugenio, Claessens, Stijn and Rose, Andrew Kenan (2017). “How Important is the Global Financial Cycle? Evidence from Capital Flowsâ€Â, CEPR Discussion Paper No.
Christiano Lawrence J., Martin Eichenbaum and Charles L. Evans (2005). “Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policyâ€Â, Journal of Political Economy, University of Chicago Press, vol. 113(1), pages 1-45, February.
Claessens, S, M Kose and M Terrones (2011). “Financial cycles: What? How? When?â€Â, IMF Working Paper no WP/11/76.
Claessens, Stijn, Kose, M., Ayhan, and Terrones, Marco E (2012). “How do business and financial cycles interact?,†Journal of International Economics, Elsevier, vol. 87(1), pages 178-190.
Coimbra Nuno, Rey HeÃŒÂlène (2017). “Financial Cycles with Heterogeneous Intermediaries.†Working Paper No. 23245 , National Bureau of Economic Research.
- De Jong, P. (1988). The likelihood for a state space model. Biometrika 75: 165169.
Paper not yet in RePEc: Add citation now
- De Jong, P. (1991). The diffuse Kalman filter. Annals of Statistics 19: 10731083.
Paper not yet in RePEc: Add citation now
Dell’Arriccia, D Igan, L Laeven and H Tong (2012). “Policies for macrofinancial stability: How to deal with credit boomsâ€Â, IMF Discussion Note, April 2012.
Demetriades, P.O., and K.A. Hussein (1996). “Does Financial Development Cause Economic Growth? Time-series Evidence from 16 Countriesâ€Â, Journal of Development Economics 51(2), 387-411.
Demirgüç-Kunt, A. and R. Levine (1999). “Bank-Based and Market-Based Financial Systems: Cross-Country Comparisonsâ€Â, World Bank Working Paper No. 2143/ Demirgüç-Kunt, A, Erik Feyen and Ross Levine (2013). “The Evolving Importance of Banks and Securities Marketsâ€Â, World Bank Economic Review, World Bank Group, vol. 27(3), pages 476-490.
Drehmann Mathias, Claudio Borio, and Kostas Tsatsaronis (2012). “Characterising the financial cycle: don’t lose sight of the medium term!,†BIS Working Papers 380, Bank for International Settlements.
Eichengreen, Barry and Richard Portes (1987). “The Anatomy of Financial Crisesâ€Â, in Richard Portes and Alexander Swoboda, eds., Threats to International Financial Stability, Cambridge University Press.
Eickmeier, Sandra, Gambacorta, Leonardo and Hofmann, Boris, 2014. “Understanding global liquidity,†European Economic Review, Elsevier, vol. 68(C), pages 1-18.
English William, Kostas Tsatsaronis and Edda Zoli (2005). “Assessing the predictive power of measures of financial conditions for macroeconomic variables†BIS Papers chapters, in: Bank for International Settlements (ed.), Investigating the relationship between the financial and real economy, volume 22, pages 228-52 Bank for International Settlements.
Gerko Elena and HeÃŒÂlène Rey (2017). “Monetary Policy in the Capitals of Capital,†NBER Working Papers 23651, National Bureau of Economic Research, Inc.
- Geweke, J. (1977). “The dynamic factor analysis of economic time seriesâ€Â, in D.J. Aigner, and A.S. Goldberger (eds.), Latent Variables in SocioEconomic Models, Amsterdam: NorthHolland.
Paper not yet in RePEc: Add citation now
- Goldsmith, R.W. (1969). “Financial Structure and Developmentâ€Â. Yale University Press, New Haven.
Paper not yet in RePEc: Add citation now
- Goodhart, Charles (2008). “House Prices, Money, Credit, and the Macroeconomyâ€Â. Oxford Review of Economic Policy, Vol. 24, Issue 1, pp. 180-205, 2008.
Paper not yet in RePEc: Add citation now
Grintzalis, Ioannis, Lodge, David and Manu, Ana-Simona, 2017. “The implications of global and domestic credit cycles for emerging market economies: measures of finance-adjusted output gapsâ€Â, Working Paper Series 2034, European Central Bank.
- Hamilton, James D. (1994), Time Series Analysis, Princeton University Press, Princeton.
Paper not yet in RePEc: Add citation now
Harding, D and A Pagan (2002). “Dissecting the cycle: a methodological investigationâ€Â, Journal of Monetary Economics, vol 49, pp 365-81.
- Hatzius, J, P Hooper, F Mishkin, K Schoenholtz and M Watson (2010). “Financial conditions indexes: a fresh look after the financial crisisâ€Â, NBER Working Papers, no 16150.
Paper not yet in RePEc: Add citation now
- IMF (2015). “International Monetary Fund. World Economic Outlook April 2015. Uneven Growth: Short- and Long-Term Factorsâ€Â. April 2015.
Paper not yet in RePEc: Add citation now
- IMF(2010). “Integrating Stability Assessments Under the Financial Sector Assessment Program into Article IV Surveillanceâ€Â. IMF Policy Paper. August 2010.
Paper not yet in RePEc: Add citation now
- Jones Bradley (2014). “Identifying Speculative Bubbles; A Two-Pillar Surveillance Framework†IMF Working Papers 14/208, International Monetary Fund.
Paper not yet in RePEc: Add citation now
Kaminsky, G. L. and Reinhart, C. M. 1999. The Twin Crises: The Causes of Banking and Balance-of-Payments Problems. American Economic Review, 89(3), 473500.
- Kindleberger, C. P. (1978). “Manias, Panics, and Crashes: A History of Financial Crisesâ€Â. Basic Books.
Paper not yet in RePEc: Add citation now
- King, Robert and Ross Levine (1993). “Finance and Growth: Schumpeter Might Be Right.†Quarterly Journal of Economics, August, 153 (3): 717-738.
Paper not yet in RePEc: Add citation now
- Kiyotaki, N. and J. Moore (1997). “Credit cycles.†Journal of Political Economy, 105, 211248.
Paper not yet in RePEc: Add citation now
Langfield, Sam and Pagano, Marco (2015). “Bank bias in Europe: effects on systemic risk and growthâ€Â, Working Paper Series 1797, European Central Bank.
Levine, R and S Zervos (1998). “Stock markets, banks and economic growth,†American Economic Review, vol 88, pp 53758.
Levine, R. (1997). “Financial Development and Economic Growth: Views and Agenda,†Journal of Economic Literature, Vol. 35(2), pp. 688-726.
Levine, Ross (2002). “Bank-Based or Market-Based Financial Systems: Which Is Better?â€Â, Journal of Financial Intermediation, Elsevier, vol. 11(4), pages 398-428, October.
- McKinnon, R.I. (1973). “Money and Capital in Economic Development. Brookings Institutionâ€Â, Washington, DC.
Paper not yet in RePEc: Add citation now
- Minsky Archive. Paper 180 Minsky, Hyman P. (1982). “Can it happen again?â€Â, Essays on Instability and Finance, Armonk: M E Sharpe.
Paper not yet in RePEc: Add citation now
- Minsky, Hyman P. (1978). “The Financial Instability Hypothesis: A Restatementâ€Â. Hyman P.
Paper not yet in RePEc: Add citation now
Miranda-Agrippino Silvia and HeÃŒÂlène Rey, 2015. World Asset Markets and the Global Financial Cycle, NBER Working Papers 21722, National Bureau of Economic Research, Inc.
- Ng, T (2011). “The predictive content of financial cycle measures for output fluctuationsâ€Â, BIS Quarterly Review, June, pp 53-65.
Paper not yet in RePEc: Add citation now
Nier Erlend, Tahsin Saadi Sedik, and Tomas Mondino (2014). “Gross Private Capital Flows to Emerging Markets: Can the Global Financial Cycle Be Tamed?†IMF Working Paper No. 14/196.
- Nowotny Ewald, Doris Ritzberger-Grnwald and Peter Backe (ed.), 2014. “Financial Cycles and the Real Economyâ€Â, Books, Edward Elgar, number 15914.
Paper not yet in RePEc: Add citation now
- Obstfeld, Maurice (2012). “Financial Flows, Financial Crises, and Global Imbalancesâ€Â, Journal of International Money and Finance, vol. 31, pp. 469-480.
Paper not yet in RePEc: Add citation now
Obstfeld, Maurice and Kenneth Rogoff (2010). “Global Imbalances and the Financial Crisis: Products of Common Causesâ€Â, in Reuven Glick and Mark M. Spiegel, eds., Asia and the Global Financial Crisis, Federal Reserve Bank of San Francisco.
- Offenlegung nach 25 Mediengesetz: Medieninhaber (Verleger): Verein Wiener Institut für Internationale Wirtschaftsvergleiche, A 1060 Wien, Rahlgasse 3. Vereinszweck: Analyse der wirtschaftlichen Entwicklung der zentral- und osteuropäischen Länder sowie anderer Transformationswirtschaften sowohl mittels empirischer als auch theoretischer Studien und ihre Veröffentlichung; Erbringung von Beratungsleistungen für Regierungs- und Verwaltungsstellen, Firmen und Institutionen. wiiw.ac.at
Paper not yet in RePEc: Add citation now
Reinhart, Carmen M., and Vincent R. Reinhart (2009). “Capital Flow Bonanzas: An Encompassing View of the Past and Presentâ€Â, in Jeffrey A. Frankel and Christopher Pissarides, eds., International Seminar on Macroeconomics 2008. Chicago: University of Chicago Press.
Rey HeÃŒÂlène (2015). “Dilemma not Trilemma: The global Financial Cycle and Monetary Policy†Independence. NBER Working Paper No. 21162, 2015.
Rousseau, Peter L. and Paul Wachtel (2011). “What is Happening to the Impact of Financial Deepening on Economic Growth?†Economic Inquiry, Vol. 49, No.1, pp. 276-288.
- Sargent, T.J., and Sims, C.A. (1977). “Business cycle modeling without pretending to have too much a priory economic theoryâ€Â, in C.A. Sims (ed.), New Methods in Business Cycle Research, Minneapolis: Federal Reserve Bank of Minneapolis.
Paper not yet in RePEc: Add citation now
- Schüler, Yves S., Hiebert, Paul and Peltonen, Tuomas A. (2015). “Characterising the financial cycle: a multivariate and time-varying approach†Working Paper Series 1846, European Central Bank.
Paper not yet in RePEc: Add citation now
Schularick, Moritz and Alan M. Taylor (2012). “Credit Booms Gone Bust: Monetary Policy, Leverage Cycles, and Financial Crises, 1870-2008.†American Economic Review 102, 102961.
- Schumpeter, J.A. (1911). “The Theory of Economic Developmentâ€Â. Harvard University Press, Cambridge, MA.
Paper not yet in RePEc: Add citation now
- Shaw, E.S. (1973). “Financial Deepening in Economic Development†Oxford University Press, London.
Paper not yet in RePEc: Add citation now
- Stock, J.H., and Watson, M.W. (2011). “Dynamic factor modelsâ€Â, in M.P. Clements, and D.F. Hendry (eds.), The Oxford Handbook of Economic Forecasting, Oxford: Oxford University Press.
Paper not yet in RePEc: Add citation now
Stremmel, Hanno (2015). “Capturing the financial cycle in Europeâ€Â, Working Paper Series 1811, European Central Bank.
Strohsal, T., Proano, C. R., and Wolters, J. (2015). “Characterizing the financial cycle: Evidence from a frequency domain analysis,†SFB Discussion Paper 2015-21.
- Tadesse, Solomon A. (2002). “Financial Architecture and Economic Performance: International Evidenceâ€Â, Journal of Financial Intermediation, Vol. 11.
Paper not yet in RePEc: Add citation now
- Woodford, Michael (2010). “Financial Intermediation and Macroeconomic Analysisâ€Â, Journal of Economic Perspectives, 24(4): 21-44.
Paper not yet in RePEc: Add citation now
- World Bank (2015). “Global Economic Prospects. The World Economy in Transitionâ€Â. June 2015.
Paper not yet in RePEc: Add citation now