Since the global financial crisis, a rich and expanding literature on the so‐called global
financial cycle (GFCy) has emerged. This has fueled a debate in academic and policy circles …

We developed several measures to analyze the global financial cycle employing dynamic
factor models and data for 25 advanced and emerging countries spanning 1980 to 2019 …

This paper theoretically and empirically investigates the puzzling decade-long concurrence
of expansionary monetary and fiscal policies, decreasing credit flows, fall in price levels, and …

We study the cross‐country dimension of financial cycles for six euro area countries using
wavelet analysis. Estimated wavelet cohesions show that cycles in equity prices and interest …

This paper proposes a semi-structural approach to identifying excessive household credit
developments. Using an overlap** generations model, a normative trend level for the real …

We analyse the cross-country dimension of financial cycles by examining cyclical co-
movements in credit, house prices, equity prices and interest rates across the G7 …

In this paper, we explore whether a program of housing loan subsidies introduced in Croatia
contributed to housing price increases. The subsidy was designed to cover a portion of …

We study the within-country dimension of financial cycles in the four largest euro area
economies using tools from wavelet analysis. We focus on credit and house price cycles …

This study seeks to determine a business pricing returns benchmark for the Islamic financial
system. For the purpose of data collection and analysis, the study utilizes an analytic …

When compared to traditional indicators, text information can capture market sentiment,
investor confidence, and public opinion more effectively. Meanwhile, the mixed-frequency …