How Global Risk Perceptions Affect Economic Growth
Posted: 8 Feb 2022 Last revised: 25 Apr 2022
Date Written: February, 2022
Abstract
The global crisis in 2008 reminded us of the importance of the financial sector for the macroeconomy, a lesson many had forgotten in the decades after the previous global crisis, the Great Depression. Financial risk matters. It is necessary for investment and growth, while also driving uncertainty, inefficiency, recessions, and crises.
Suggested Citation: Suggested Citation
Danielsson, Jon and Valenzuela, Marcela and Zer, Ilknur, How Global Risk Perceptions Affect Economic Growth (February, 2022). FEDS Notes No. 2022-02-03-2, Available at SSRN: https://ssrn.com/abstract=4027728 or http://dx.doi.org/10.17016/2380-7172.3054
Ilknur Zer (Contact Author)
Board of Governors of the Federal Reserve System ( email )
20th Street and Constitution Avenue NW
Washington, DC 20551
United States
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