Showing 1 - 10 of 257
We examine how the cost of corporate credit varies around fiscal consolidations aimed at reducing government debt …
Persistent link: https://www.econbiz.de/10013086310
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 …
Persistent link: https://www.econbiz.de/10013101520
Despite robust deposit growth, credit growth has been sluggish in the Philippines. We attribute this to legacy …
Persistent link: https://www.econbiz.de/10013102279
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 …
Persistent link: https://www.econbiz.de/10013015591
We study the impact of bank credit on firm productivity. We exploit a matched firm-bankdatabase covering all the credit … relationships of Italian corporations, together with a naturalexperiment, to measure idiosyncratic supply-side shocks to credit … practices, while a credit expansion haslimited impact. Quantitatively, the credit contraction between 2007 and 2009 accounts …
Persistent link: https://www.econbiz.de/10012868471
The post-crisis financial sector framework reform remains incomplete. While capital and liquidity requirements have been strengthened, doubts remain over other aspects, including the fact that expectations of government support for systemically-important banks (SIBs) remain intact. In this...
Persistent link: https://www.econbiz.de/10012977356
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 …
Persistent link: https://www.econbiz.de/10013080862
currency and reduce net exports. Emerging market policy makers however believe that inflows lead to credit booms and rising …
Persistent link: https://www.econbiz.de/10013002152
We analyze the transmission of bank-specific liquidity shocks triggered by a credit rating downgrade through the … lending channel. Using bank-level data for US Bank Holding Companies, we find that a credit rating downgrade is associated …
Persistent link: https://www.econbiz.de/10013039553
-borrower countrydata and controlling for credit demand, we show that reductions largely varied in line with markets' prior assessments of …
Persistent link: https://www.econbiz.de/10013045260