highlight that information spillovers between lenders may operate outside credit registries …

of 2014-16 was qualitatively different from earlier recent crisis episodes (2008-09 and 2010-11) in that it affected low …

This paper studies loan conditions in a context where private banks can operate in two credit markets: a free … credit to firms that are ex ante more difficult to lock-in in the free-market-larger firms in more contested regions. The … paper highlights a novel channel whereby earmarked credit is used by private banks to extract more rents. Once a firm …

study the relative roles of demand and supply drivers of credit growth during economic recoveries on a sample of advanced …The recovery from the global crisis that erupted in 2007 shows that the decoupling between real and financial variables … global crisis in many countries is that the recovery in aggregate output has not been accompanied by a contemporary pick …

2014. Economic slumps are defined as abrupt interruptions of a period of growth by several regime switches. Slumps start … with a sharp contraction along with a trend break, which is followed by another switch when growth stabilizes again. The …, suggesting that institutions constraining leaders are important for stabilizing growth. This is particularly relevant for Sub …

room for monetary and fiscal policies to respond to shocks has eroded; underlying growth potential has slowed; and the … shocks. The subsequent decade of anemic growth underlines the need for sound policy frameworks, institutions, and business … environments to promote sustained growth. With the global growth outlook weakening and vulnerabilities rising, the policy priority …

by the global financial crisis, was by far the deepest and most synchronized of the four recessions. As the epicenter of … the crisis, advanced economies felt the brunt of the recession. The subsequent expansion has been the weakest in the post …-war period in advanced economies, as many of them have struggled to overcome the legacies of the crisis. In contrast, most …

countries helped to support a solid rebound in global output right after the 2009 Global Recession. However, global growth … international cooperation and coordination in support of strong and sustained global growth and financial system stability. Sound …