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Credit purchases of consumer goods are commonly made upon terms governed by an agreement between the lender and the …
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Which households use consumer credit? This paper addresses the question using harmonized data from Eurostat�s EU …-SILC survey for nine European countries in the period 2005-08. There is wide heterogeneity in participation in the consumer credit … market, ranging from 15 to 46 per cent across countries. Most households relying on consumer credit are those whose head is …
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The study analyses trends in the market for consumer credit during the crisis, relying on data by CRIF referring to …
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This paper summarizes the results attained by the Eurosystem in harmonizing the statistics used for the conduct of monetary policy. Since the creation of the euro area, in January 1999, significant progress has been made in the harmonization of data on banks’ balance sheets, central banks and...
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We model the determinants of loans to non-financial corporations in the euro area. Using the Johansen (1992) methodology, we identify three cointegrating relationships. These relationships are interpreted as the long-run loan demand, investment and loan supply equations. The short-run dynamics...
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