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facts: (i) the long-run link between money growth and inflation and (ii) the link between credit growth and financial crises … link between credit growth and financial crises. These results suggest that there is an inverse relationship between the … financial systems, while the reverse holds true for the credit-crisis nexus."--Abstract …
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"This paper studies the evolution of the equilibrium real interest rate (ie natural or neutral interest rate) in Asia-Pacific. The author takes an empirical approach to estimate the rate, simple estimates suggest that except for China, and Thailand since 2005, the natural interest rate may have...
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