Episodes of rapid credit growth, especially credit booms, tend to end abruptly, typically in the form of financial … crises. This paper presents the findings of a comprehensive event study focusing on 99 credit booms. Loose monetary policy … stances seem to have contributed to the build-up of credit booms across both advanced and emerging economies. In particular …

designing policies to better manage capital flows and allow higher interest rate; and more attractive domestic investment …

the evolution of Germany’s three-pillar banking system. It analyzes capitalization, credit and the intermediation of …

This Selected Issues and Statistical Appendix paper on Kuwait focuses on recent development in investment companies … remains precarious, and there are 15 listed investment companies in a dire situation. …

innovation policies are specific measures supported by the authorities. External and financial shocks received by Germany and …