Souveränität in geldpolitischen Fragen an die Europäische Zentralbank ab. Die Geldpolitik scheidet somit als Instrument der … Rezession) zukommt, so kann die Vereinheitlichung der Geldpolitik zu negativen Auswirkungen auf die konjunkturelle Entwicklung … Geldpolitik auf die Entwicklung der kurzfristigen Zinssätze analysiert, um schließlich mittels einer VAR-Analyse Aufschluß über …

relatively simple regulations, such as limits on credit expansion, may be the most reasonable option for developing countries …

empirical data. Our results suggest that the speculation hypothesis has more explanatory power than the productivity hypothesis …

agricultural credit association using historical data. The simulation model is used to evaluate the mark‐up to economic capital … that is implied by increasing credit risks due to cyclical changes in farm real estate values. Findings – The paper … values and between the PD and LGD provide evidence of how sensitive credit risk exposure is to these parameters. Originality …

is developed basically on a simple financial business cycle model by embedding credit constrains into the DSGE model … that: the development of the financial and credit markets during recent years has increased the volatility of the economic … cycle – excessive credit abuse has become the root cause of the instability of the economy system; the proportion of the …

monetary policy through the credit channel in Brazil. The study verifies if the monetary policy, the economic activity and the … maturity of the inflation targeting regime affect the supply of credit. Design/methodology/approach – The paper offers a review … the credit channel, it develops a theoretical model based on Bernanke and Blinder and Ferreira and it seeks empirical …