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Replication data for: Finance and Business Cycles: The Credit-Driven Household Demand Channel

Version
1
Resource Type
Dataset
Creator
  • Mian, Atif
  • Sufi, Amir
Publication Date
2018-01-02
Description
  • Abstract

    What is the role of the financial sector in explaining business cycles? This question is as old as the field of macroeconomics, and an extensive body of research conducted since the Global Financial Crisis of 2008 has offered new answers. The specific idea put forward in this article is that expansions in credit supply, operating primarily through household demand, have been an important driver of business cycles. We call this the credit-driven household demand channel. While this channel helps explain the recent global recession, it also describes economic cycles in many countries over the past 40 years.
Availability
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Relations
  • Is supplemented by
    DOI: 10.1257/jep.32.3.31 (Text)
Publications
  • Mian, Atif, and Amir Sufi. “Finance and Business Cycles: The Credit-Driven Household Demand Channel.” Journal of Economic Perspectives 32, no. 3 (August 2018): 31–58. https://doi.org/10.1257/jep.32.3.31.
    • ID: 10.1257/jep.32.3.31 (DOI)

Update Metadata: 2019-10-13 | Issue Number: 1 | Registration Date: 2019-10-13

Mian, Atif; Sufi, Amir (2018): Replication data for: Finance and Business Cycles: The Credit-Driven Household Demand Channel. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. http://doi.org/10.3886/E114017V1