Beveridge curve and use the vacancy rate to forecast unemployment. This first look at the series yields sensible results, while …

In this paper, we propose an alternative methodology to determine the existence of credit booms, which is a complex and … other than the credit growth rate contain valuable information to predict credit boom episodes. Our econometric method is … used to estimate and predict the probability of being in a credit boom. We run empirical exercises on quarterly data for …

developing a better understanding of credit and its mechanisms. A rapidly growing strand of the literature views banks as facing …. This work explores the way banks in Colombia manage their balance sheet and sheds light into the dynamics of credit and …

, unemployment and wages during the last two decades. The evidence suggests that, in the long-run, monetary policy has been neutral … to both output and unemployment while the main reasons for the increase in the latter have been the lack of credibility …