Understanding financial fluctuations and their relation to macroeconomic stability

Research, Preprint English OPEN
Nora Guarata; Carolina Pagliacci;
(2017)
  • Publisher: Washington, DC: Inter-American Development Bank (IDB)
  • Subject: E30 | E00 | Financial conditions index | Macroeconomics, Financial Stability, Financial Indexes, Financial indexes | G10 | Financial cycle | Macroeconomic stability
    • ddc: ddc:330

This paper examines how financial fluctuations and macroeconomic stability interact in the case of Venezuela, acknowledging that financial conditions deteriorating the macroeconomic environment can arise with both good and bad macroeconomic performance. An empirical met... View more
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