The amount of credit in the economy is a heterogeneous aggregate that can be analyzed across different dimensions …. Considering such dimensions provides insights into the effect of monetary policy interventions because the credit components are …

several credit aggregates granted from bank and non-bank institutions for different scopes and developments in the US economy …

This paper examines the effects of Islamic banking on the causal linkages between credit and GDP by comparing two sets … analysis provides evidence of long-run causality running from credit to GDP in countries with Islamic banks only. This is …

question, we identify the compositional changes in banks' supply of credit using the variation in their holdings of residential …

Trade credit is the most important form of short-term finance for U.S. firms. In 2017, non-financial firms had about $3 … trillion in trade credit outstanding equaling 20 percent of U.S. GDP. Why do sellers lend to their buyers in the presence of a … well-developed financial sector? This paper proposes an explanation for the puzzling dominance of trade credit: When …

Small businesses (SMEs) depend on banks for credit. We show that the severity of the Eurozone crisis was worse in …

We propose a joint dating of the Italian business and credit cycle on a historical horizon, by applying a local turning … carry out some statistical tests for comovement between credit and business cycle and we propose a measure of asymmetry of … this comovement, which proves to be weaker in recessions. We find evidence that credit and business cycle are poorly …