Select the key conclusions highlighted in the article:
When seeking to identify financial cycles most relevant for macroeconomic disruptions, it is critical to focus on the mediumterm, not on traditional business cycle frequencies, ie, on cycle lengths of sixteen years on average, or even longer
It is possible to identify well-defined (medium-term) financial cycles, whose peaks tend to coincide very closely with financial crises and, hence, with serious damage to economic activity
Those cycles are best captured by combinations of credit and property prices; equity prices do not fit the picture well
The length, amplitude and virulence of these cycles have increased since the mid-1980s.
{"name":"Knowledge Check", "url":"https://www.quiz-maker.com/QPREVIEW","txt":"Select the key conclusions highlighted in the article:","img":"https://www.quiz-maker.com/3012/images/ogquiz.png"}
