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Macroeconomic and financial stability: an overview

dc.contributor.authorBauducco, Sofia
dc.contributor.authorChristiano, Lawrence J.
dc.contributor.authorRaddatz, Claudio E.
dc.coverage.spatialESTADOS UNIDOSes_ES
dc.date.accessioned2019-11-01T00:06:21Z
dc.date.available2019-11-01T00:06:21Z
dc.date.issued2014
dc.identifier.isbn978-956-7421-45-9
dc.identifier.urihttps://hdl.handle.net/20.500.12580/3801
dc.descriptionOn September 2008 Lehman Brothers filed for bankruptcy and the world became aware that the financial crisis that had been unfolding for months was far more serious than expected. Months later it became clear that the financial crisis of 2008-2009 was the worst economic downturn since the Great Depression of the 1930s: real GDP in the United States declined at an annual rate of 1.3% in the fourth quarter of 2008 5.4% in the first quarter of 2009 and 6.4% in the second quarter of 2009. The crisis originated in the U.S. but it spread rapidly to the rest of the world as real world GDP fell by 6.4% in the fourth quarter of 2008 and by 7.3% in the first quarter of 2009.
dc.format.pdf
dc.format.extentSección o Parte de un Documento
dc.format.mediump. 01-22
dc.language.isoeng
dc.publisherBanco Central de Chile
dc.relation.ispartofSeries on Central Banking Analysis and Economic Policies no. 19
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 Chile*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/cl/*
dc.subjectMACROECONOMÍAes_ES
dc.subjectCRISIS FINANCIERAes_ES
dc.subjectCRISIS ECONÓMICA 2008es_ES
dc.subjectPRODUCTO INTERNO BRUTOes_ES
dc.titleMacroeconomic and financial stability: an overview
dc.type.docArtículo
dc.file.nameBCCh-sbc-v19-p001_022


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