Enya, Masahiro; Kohsaka, Akira; Pobre, Mervin - Graduate School of Economics, Osaka University - 2004
In this paper, we explore the issue on credit crunch from a comparative perspective. Utilizing longer time series data …, we investigate the existence of credit crunch in selected crisis-hit economies in East Asia over the period 1980-2002. We … detected some episodes of credit crunch both before and after the Asian economic crisis. These episodes after the Crisis are …