There is a growing literature on the international transmission of US credit-supply shocks. In this paper, we identify changes in the US credit supply with the methodology proposed by López-Salido et al. (2017). Empirically, we find robust evidence suggesting that US credit-supply shocks influence real activities in economies that are more economically or geographically integrated with the US.
|Original language||English (US)|
|Number of pages||4|
|State||Published - Aug 1 2017|
- Global business cycles
- U.S. credit-market sentiment
ASJC Scopus subject areas
- Economics and Econometrics