The Relationship between Macroeconomic Overheating and Financial Vulnerability: A Narrative Investigation
Posted: 10 Oct 2018 Last revised: 2 Oct 2020
Date Written: October, 2018
Abstract
In this note, we follow a narrative approach to review historical episodes of significant financial imbalances and examine whether these episodes were linked to macroeconomic overheating.
Suggested Citation: Suggested Citation
Afanasyeva, Elena and Lee, Seung Jung and Modugno, Michele and Palomino, Francisco, The Relationship between Macroeconomic Overheating and Financial Vulnerability: A Narrative Investigation (October, 2018). FEDS Notes No. 2018-10-12-2, Available at SSRN: https://ssrn.com/abstract=3267784 or http://dx.doi.org/10.17016/2380-7172.2253
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