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Is there a pervasive world real credit cycle?
This paper analyses the international structure of credit and the potential buildup of a single world cycle using quarterly data for 48 economies between 1985 and 2015. For this analysis, we rely on an approximate factor model and on hard and fuzzy clustering methodologies. The results indicate that...
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| Main Authors: | , , |
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| Format: | Default Article |
| Published: |
2023
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| Subjects: | |
| Online Access: | https://hdl.handle.net/2134/22495444.v1 |
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