Domestic Credit and the Balance of Payments: Some Empirical Results

The monetary approach to the balance of payments (BOP) takes the view that domestic credit is exogenous to BOP and that it is deteriorated by the excess money, which results from domestic credit expansion. This article determines whether in fact the assertion is true. Utilizing the method developed by Grange and Sims, evidence lends validity to the hypothesis.

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Year of publication:	1987
Authors:	Llanto, Gilberto M.
Institutions:	Philippine Institute for Development Studies (PIDS), Government of the Philippines
Subject:	financial market \| financial sector \| credit market \| balance of payments

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Extent:	application/pdf
Series:	Philippine Journal of Development.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number JPD 1987 Vol. XIV No. 2-a http://dirp4.pids.gov.ph/ris/pjd/pidsjpd87-2credit.pdf
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005092712