Loose financial conditions predict output gap – NY Fed paper

Loose financial conditions are a strong predictor of an output gap for economies, researchers say in a Federal Reserve Bank of New York paper.

Monetary policy-makers should therefore pay closer attention to financial conditions, Tobias Adrian, the International Monetary Fund’s director of monetary and capital markets, and his co-authors argue. The authors investigate the relationship of economic growth to financial conditions, using a sample of 10 advanced and 10 emerging market economies from

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: