The Central Banks use diffusion indexes (DIs) to synthesize information from proprietary surveys that complement official statistics generating real time proxies of the economically relevant variables. According to the evidence, the DIs closely follow the economic cycle reflected in those...

The Central Bank of Argentina (BCRA) implements a monthly Survey of Business Economic Perspectives to capture the business climate and economic perspectives. The survey, includes both qualitative and quantitative questions on past and expected change in different economic variables of the main...

The Central Bank of Argentina (BCRA) implements a monthly Survey of Business Economic Perspectives to capture the business climate and economic perspectives. The survey, includes both qualitative and quantitative questions on past and expected change in different economic variables of the main...

The Central Banks use diffusion indexes (DIs) to synthesize information from proprietary surveys that complement official statistics generating real time proxies of the economically relevant variables. According to the evidence, the DIs closely follow the economic cycle reflected in those...

The Central Banks use diffusion indexes (DIs) to synthesize information from proprietary surveys that complement official statistics generating real-time proxies of the economically relevant variables. According to the evidence, the DIs closely follow the economic cycle reflected in those...

The purpose of this paper is to assess whether the banking system, over and beyond its credit function, has a significant impact on per capita GDP by providing means of payment. An annual database of 85 countries spanning the 1980-2008 period is exploited to this end. On the descriptive front,...

The goal of this paper is to provide up-to-date worldwide evidence on the short-term relationship between credit changes and output changes. Standard correlation methods, stateof-the-art panel Granger causality tests, and panel regressions were applied on a maximum sample of 144 countries over...

The goal of this paper is to provide up-to-date worldwide evidence on the short-term relationship between credit changes and output changes. Standard correlation methods, stateof-the-art panel Granger causality tests, and panel regressions were applied on a maximum sample of 144 countries over...