for the support of output through subsidies, another for similar support through credit. The first argument relates to the … Russia in 1992 and 1993. …

changes in real GDP, the stock market, country credit ratings, and the exchange rate. We explore the linkages between these …

combines 2008 changes in real GDP, the stock market, country credit ratings, and the exchange rate. We explore the linkages …

subset was offered a simplified procedure to purchase a household connection on credit (at a zero percent interest rate … treatment group, despite the financial cost of the connection. Our results suggest that facilitating access to credit for …

importance of money versus credit contraction in the propagation of this policy error to the wider economy and ultimately price …

Is there a link between loose monetary conditions, credit growth, house price booms, and financial instability? This … paper analyzes the role of interest rates and credit in driving house price booms and busts with data spanning 140 years of …

This paper compares the behavior of Euro-Area (EA) banks’ credit and reserves with those of US banks following … substantially higher than previously believed, in the EA). The paper shows that, although the behavior of banks’ credit following … differences in the relative importance of banking credit within the total amount of credit intermediated through banks and bond …

give credit for autonomous liberalization. This Paper shows that the desirability and feasibility of such a rule depends on … when it is instituted. A credit rule established at the beginning of a round of negotiations has primarily a distributional … generosity of those who have not liberalized. We propose instead the establishment of a credit rule at the end of a round of …