An Early Warning Model for Predicting Credit Booms Using Macroeconomic Aggregates
In this paper, we propose an alternative methodology to determine the existence of credit booms, which is a complex and crucial issue for policymakers. In particular, we exploit the Mendoza and Terrones (2008)’s idea that macroeconomic aggregates other th
Autores Principales: | , , , |
---|---|
Formato: | Documento de trabajo (Working Paper) |
Lenguaje: | Español (Spanish) |
Publicado: |
Banco de la República
2012
|
Materias: | |
Acceso en línea: | http://repositorio.banrep.gov.co/handle/20.500.12134/5767 |