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This paper explores the long-run effects of inflation on the dynamics of private sector bank credit and economic growth … private sector bank credit in the economy exerts a positive impact on real GDP. In addition, inflation rates have contributed … increase in inflation is associated with a 0.07 % fall in long-run real rate of output through its effect on bank credit to the …
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type of shock. Expansionary securitization shocks lead to a permanent rise in real GDP and a fall in inflation. Bank …
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This paper explores the long-run effects of inflation on the dynamics of private sector bank credit and economic growth … private sector bank credit in the economy exerts a positive impact on real GDP. In addition, inflation rates have contributed … increase in inflation is associated with a 0.07% fall in long-run real rate of output through its effect on bank credit to the …
Persistent link: https://www.econbiz.de/10013048314