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Does financial market volatility influence the real economy?

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  • B. De Backer

    (National Bank of Belgium)

Abstract

Financial market volatility rarely means good news: if it is too high, it’s a sign of a crisis; if it is too low, it could trigger excessive risk-taking and systemic risks could build up.

Suggested Citation

  • B. De Backer, 2018. "Does financial market volatility influence the real economy?," Economic Review, National Bank of Belgium, issue iv, pages 107-124, december.
    • Handle: RePEc:nbb:ecrart:y:2018:m:december:i:iv:p:107-124
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