Newsletter
Detecting early signs of financial instability
Abstract: The authors analyze the usefulness of a new measure of nonfinancial leverage as an early warning indicator for financial instability and its consequences for economic growth.
Keywords: Recessions; Financial crises; Financial stability;
Access Documents
File(s): File format is application/pdf http://www.chicagofed.org/digital_assets/publications/chicago_fed_letter/2012/cfldecember2012_305.pdf
Authors
Bibliographic Information
Provider: Federal Reserve Bank of Chicago
Part of Series: Chicago Fed Letter
Publication Date: 2012
Issue: Dec
Order Number: 305