Beck, Thorsten; Büyükkarabacak, Berrak; Rioja, Felix K.; … - 2008
. It is thus mostly socio-economic
trends that determine credit composition, while policies
influencing banking market … on GDP per capita growth, and (iii) relates
the share of household in total credit to different socio-economic country … model the link between financial sector
development and economic growth. Second, decomposing overall bank lending into its …