Showing 1 - 10 of 638
Persistent link: https://www.econbiz.de/10012977752
patterns of credit growth in 18 countries in Latin America and uses econometric methods to determine whether it is indicative … of financial deepening or poses risks of credit booms. The strongest credit growth occurred for consumption and mortgages … most countries and there are some signs of maturity lengthening. To assess whether the recent credit growth is excessive …
Persistent link: https://www.econbiz.de/10013080862
them to make inefficient decisions about liquidation, and about retention of the managers who assess credit risk. These …
Persistent link: https://www.econbiz.de/10013025484
balance sheets and sow the seeds of a financial crisis. Banks respond to losses through higher spreads and rapid credit … vulnerabilities associated with excessive credit expansions, and to support macroprudential policy analysis. In MAPMOD, bank loans … cutbacks, with adverse effects for the real economy. These features allow the model to capture the basic facts of both the pre-crisis …
Persistent link: https://www.econbiz.de/10013054688
sow the seeds of a financial crisis. Banks respond to losses through higher spreads and rapid credit cutbacks, with … with excessive credit expansions, and to support macroprudential policy analysis. In MAPMOD, bank loans create purchasing …
Persistent link: https://www.econbiz.de/10013054689
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 … at a quarterly frequency, stock price growth is shown to have a significant effect on lending growth over the whole …
Persistent link: https://www.econbiz.de/10013101520
aggregate data. Changes in household credit limits explain 40 percent of the differential rise and fall of employment across … gradual, credit shocks greatly slowed the recovery …
Persistent link: https://www.econbiz.de/10012910353
Using the U.S. Current Population Survey data, this paper compares the distributional impacts of the Pandemic Crisis … and those of the Global Financial Crisis in terms of (i) worker characteristics, (ii) job characteristics-'social' (where … workers. Unlike during the Global Financial Crisis, however, employment in social industries fell more whereas employment in …
Persistent link: https://www.econbiz.de/10012828220
This paper studies changes in the transmission of common versus sectoral idiosyncraticshocks across different U.S. nonfarm business sectors during the Great Recession, andevaluates the cross-sectoral spillovers. Shocks are identified by dynamic factor methods. Wefind that the Great Recession is...
Persistent link: https://www.econbiz.de/10012913944
This paper investigates the sources of macrofinancial fluctuations and turbulence within the framework of an approximate linear dynamic stochastic general equilibrium model of the world economy, augmented with structural shocks exhibiting potentially asymmetric generalized autoregressive...
Persistent link: https://www.econbiz.de/10012906882