Mustika, Gandjar; Suryatinc, Enny; Hall, Maximilian; … - In: Review of Quantitative Finance and Accounting 44 (2015) 2, pp. 269-298
Bank lending in Indonesia slowed dramatically during the period 2006–2008 while, at the same time, the banks’ holdings of short-term public sector (and other riskless) securities increased substantially. For some, this provided clear evidence of a central bank-induced credit crunch arising...
