Working Paper
The Relationship between Macroeconomic Overheating and Financial Vulnerability : A Quantitative Exploration
Abstract: In this note, we explore the link between indicators of financial imbalances and macroeconomic performance, focusing on the experience of the United States. In an accompanying note, The Relationship between Macroeconomic Overheating and Financial Vulnerability: A Narrative Investigation, we follow a narrative approach to review historical episodes of significant financial imbalances and examine whether these episodes were linked to macroeconomic overheating.
https://doi.org/10.17016/2380-7172.2254
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Bibliographic Information
Provider: Board of Governors of the Federal Reserve System (U.S.)
Part of Series: FEDS Notes
Publication Date: 2018-10-12
Number: 2018-10-12-3