Elekdag, Selim; Wu, Yiqun - In: Emerging Markets Finance and Trade 49 (2013) 5, pp. 45-62
markets. The build-up of credit booms across emerging markets seems to be characterized by loose monetary policy stances, with … crises. This paper presents the findings of a comprehensive event study focusing on sixty credit booms across emerging …, domestic factors (especially monetary policy) also appear to be tightly associated with real credit growth across emerging …