Banking credit to the private sector in Latin America has on average increased by 7 percent of GDP from primo 2004 to … ultimo 2011, with real credit in some countries growing by up to 20 percent per year. This paper documents and analyzes the … patterns of credit growth in 18 countries in Latin America and uses econometric methods to determine whether it is indicative …

This paper studies episodes in which aggregate bank credit contracts alongside expanding economic activity—credit …--on average, they occur every five years. By comparison, banking crises take place every eight years on average. Credit reversals …

Using a comprehensive database on bank credit, covering 135 developing countries over the period 1960–2011, we identify …, document, and compare the macro-economic dynamics of credit booms across low- and middle-income countries. The results suggest … that while the duration and magnitude of credit booms is similar across country groups, macro-economic dynamics differ …

distinguishes between credit to the household sector and to the corporate sector, we investigate the association between capital … inflows and credit growth. We find that non-FDI capital inflows boost credit growth and increase the likelihood of credit … booms in both household and corporate sectors. For household credit growth, the composition of capital inflows appears to be …

This paper explores the contribution of credit growth and the composition of credit portfolio (corporate, consumer, and … housing credit) to economic growth in emerging market economies (EMs). Using cross-country panel regressions, we find … significant impact of credit growth on real GDP growth, with the magnitude and transmission channel of the impact of credit on …

Lithuania's current credit cycle highlights the strong link between housing prices and credit. We explore this … relationship in more detail by analyzing the main features of credit, housing price, and output cycles in Baltic and Nordic … countries during1995-2017. We find a high degree of synchronization between Lithuania's credit and housing price cycles. Panel …

This paper analyses the effect of asset prices on credit growth in France and tries to disentangle credit demand and … period, but without credit supply factors being singled out. By contrast, housing price growth has a significant effect … during periods of financial instability only, even after controlling for credit demand effects. These results show that …

This paper reviews the empirical relationships between credit growth, economic recovery, and bank profitability in … 10 percent increase in bank credit to the private sector is associated with a rise of 0.6-1 percent in real GDP and 2 … profitability is positively and significantly influenced by credit growth, but this relationship has weakened after the GFC …

borrowers in distress, and find that a negative shock to bank credit supply reduces firms' loan growth, investment, capital …-to-labor ratio, and productivity. The transmission from changes in credit supply to firm productivity relates to labor market …