policy under different economic conditions. The results indicate that Islamic credit is less responsive than conventional … credit to interest rate shocks in both the high and low growth regimes. By contrast, the relative importance of Islamic … credit shocks in driving output growth is much greater in the low growth regime, their effects being positive. These findings …

policy under different economic conditions. The results indicate that Islamic credit is less responsive than conventional … credit to interest rate shocks in both the high and low growth regimes. By contrast, the relative importance of Islamic … credit shocks in driving output growth is much greater in the low growth regime, their effects being positive. These findings …

This paper analyses macroeconomic and financial determinants of bad loans applying a SVAR approach to investigate … of credit are significant and persistent for bad loans to firms, but not for bad loans to households or in the case of … Cooperative Credit Banks, who adopt more efficient lending policies. …

This paper examines the effects of Islamic banking on the causal linkages between credit and GDP by comparing two sets … analysis provides evidence of long-run causality running from credit to GDP in countries with Islamic banks only. This is …

policy under different economic conditions. The results indicate that Islamic credit is less responsive than conventional … credit to interest rate shocks in both the high and low growth regimes. By contrast, the relative importance of Islamic … credit shocks in driving output growth is much greater in the low growth regime, their effects being positive. These findings …

policy under different economic conditions. The results indicate that Islamic credit is less responsive than conventional … credit to interest rate shocks in both the high and low growth regimes. By contrast, the relative importance of Islamic … credit shocks in driving output growth is much greater in the low growth regime, their effects being positive. These findings …