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Credit and business cycles : an empirical analysis in the frequency domain

Juan Sebastián
Amador-Torres
Celina
Gaitán-Maldonado
José Eduardo
Gómez-González
Mauricio
Villamizar-Villegas
Hector Manuel
Zárate-Solano
Martes, 9 Septiembre 2014

The history of economic recessions has shown that every deep downturn has been accompanied by disruptions in the financial sector. Paradoxically, up until the financial world crisis of 2007-2009, little attention was given to macroeconomic and financial i