, the Central Government and the Reserve Bank of India have been making efforts to enhance institutional credit in rural … areas particularly to assist in agricultural operations. It began with the enactment of the Co-operative Credit Societies … noninstitutional lenders still account for only 36 per cent of the total outstanding agricultural loan, the short-term credit from …

business cycle model for emerging market economies with production and an occasionally binding credit constraint. The main …

This paper evaluates the performance of structural VAR models in estimating the impact of credit supply shocks. In a … simple Monte-Carlo experiment, we generate data from a DSGE model that features bank lending and credit supply shocks and use … instrumental variable procedure to estimate the impact of the credit shock performs well and is relatively robust to measurement …

This paper explores the impact of international financial integration on credit markets in Latin America, using a cross … international financial shocks on aggregate credit and interest rate fluctuations. Nonetheless, the net impact of integration on … deepening credit markets dominates for the large majority of states of nature. The paper also uses a detailed bank-level dataset …