Herrera, Santiago; Hurlin, Christophe; Zaki, Chahir - In: Economic Modelling 33 (2013) C, pp. 347-356
Bank credit to Egypt's private sector decreased over the last decade, despite a recapitalized banking system and high rates of economic growth. Recent macro-economic turmoil has reinforced the trend. This paper explains the decrease based on credit supply and demand considerations by 1)...
