| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5089691 | Journal of Banking & Finance | 2012 | 13 Pages |
Abstract
⺠We investigate the macro-finance interface during the “Great Recession”. ⺠We consider measures of excess liquidity and financial fragility. ⺠We find international transmission of US financial shocks through house and stock price dynamics and liquidity. ⺠The real effects of financial shocks are transmitted internationally through asset price and trade channels.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Fabio C. Bagliano, Claudio Morana,