Similar Search Results

Bank Credit, Asset Prices and Financial Stability : Evidence from French Banks

Pouvelle, Cyril - 2012

This paper analyses the effect of asset prices on credit growth in France and tries to disentangle credit demand and supply factors, both for the whole 1993-2010 period and during periods of financial instability. Using bank-level panel data at a quarterly frequency, stock price growth is shown...

Persistent link: https://www.econbiz.de/10013101520

Non-Performing Loans in CESEE : Determinants and Impact on Macroeconomic Performance

Klein, Nir - 2013

The paper investigates the non-performing loans (NPLs) in Central, Eastern and South-Eastern Europe (CESEE) in the period of 1998–2011. The paper finds that the level of NPLs can be attributed to both macroeconomic conditions and banks' specific factors, though the latter set of factors was...

Persistent link: https://www.econbiz.de/10013083625

How Should Credit Gaps be Measured? An Application to European Countries

Baba, Chikako - 2020

Assessing when credit is excessive is important to understand macro-financial vulnerabilities and guide macroprudential policy. The Basel Credit Gap (BCG) - the deviation of the credit-to-GDP ratio from its long-term trend estimated with a one-sided Hodrick-Prescott (HP) filter - is the...

Persistent link: https://www.econbiz.de/10012840600

Monetary Policy Implementation : Operational Issues for Countries with Evolving Monetary Policy Frameworks

Maehle, Nils O. - 2020

This paper discusses operational issues for countries that want to reform their monetary policy frameworks. It argues that stabilizing short-term interest rates on a day-to-day basis has significant advantages, and thus that short-term interest rates, not reserve money, in most cases should be...

Persistent link: https://www.econbiz.de/10012840604

Assessing and Managing Rapid Credit Growth and the Role of Supervisory and Prudential Policies

Hilbers, Paul - 2005

This paper reviews trends in bank lending to the private sector, with a particular focus on Central and Eastern European countries, and finds that rapid growth of private sector credit continues to be a key challenge for most of these countries. The paper discusses possible implications for...

Persistent link: https://www.econbiz.de/10012736142

Problem Loans in the Caribbean : Determinants, Impact and Strategies for Resolution

Beaton, Kimberly - 2017

crisis, but their persistence owes much to the weak economic recovery in the region, as well as to structural obstacles to …

Persistent link: https://www.econbiz.de/10012942340

Granger Predictability of Oil Prices after the Great Recession

Benk, Szilard - 2019

Real oil prices surged from 2009 through 2014, comparable to the 1970's oil shock period. Standard explanations based on monopoly markup fall short since inflation remained low after 2009. This paper contributes strong evidence of Granger (1969) predictability of nominal factors to oil prices,...

Persistent link: https://www.econbiz.de/10012858386

SMEs’ Access to Finance in the Euro Area : What Helps or Hampers?

Öztürk, Bahar - 2014

significantly improve access to finance of SMEs. Finally, access to finance is found to be positively related to firm size and firm …

Persistent link: https://www.econbiz.de/10013053038

Central and Commercial Bank Balance Sheet Risk Before, During, and after the Global Financial Crisis

Crowley, Joe - 2015

-based monetary data to show: (i) there was a widely observed buildup of assets prior to the global financial crisis, but there has … depository institutions remained remarkably constant in spite of the crisis, significant changes in the composition of balance … sheets, and globalization, and does not seem to have been significantly influenced by the behavior of exchange rates; and …

Persistent link: https://www.econbiz.de/10013025485

Credit Booms and Macroeconomic Dynamics : Stylized Facts and Lessons for Low-Income Countries

Arena, Marco - 2015

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...

Persistent link: https://www.econbiz.de/10013027670

1
2
3
4
5
6
7
8
9
10
Next
Last