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 …

We investigate the complex interactions between credit constraints, political instability, and capital accumulation … from Middle-East and North Africa (MENA), empirical findings point to a large and significant effect of credit conditions … on capital accumulation and suggest that continued political unrest worsens credit constraints. The results support the …

This paper examines the impact of interest rates and inflation on bank loans and investment within a framework that … treating the lending and deposit rates of interest as distinct parameters in investment equations. The spread between the two …

Investment across the euro area remains below its pre-crisis level. Its performance has been weaker than in most …, corporate leverage, and uncertainty. There is a considerable cross country heterogeneity in terms of both investment dymanics … and its determinants. Based on the findings of this paper, investment is expected to pick up as the recovery strengthens …

, owing to limited time series of the available data. This paper presents an analysis of investment in Poland based on an … underexplored sectoral data set. The determinants of investment are found to include lagged investment, lead production, relative … unit labor costs, EU demand, corporate profitability, and greenfield FDI (foreign direct investment) inflows. Dynamic in …

This paper analyzes how different types of bank funding affect the extent to which banks ration credit to borrowers … of credit rationing, unsecured wholesale finance is shown to amplify the credit market impact of capital requirements as … secured funding. The collateralization of wholesale funding is found to expand the extent of credit rationing …