question, we identify the compositional changes in banks' supply of credit using the variation in their holdings of residential …

question, we identify the compositional changes in banks' supply of credit using the variation in their holdings of residential …

beyond other better-known early warning indicators, such as credit booms. This predictive power, however, only holds in … the short-term popularity benefits of weak credit booms rather than implementing politically costly corrective policies …

consumption; for firms, a diminution in financing needs, due in turn to the sharp contraction of investment. Credit market … indicators and empirical studies suggest that lending growth may also have been curbed by tensions in credit supply. These … tensions could persist, but the risk of a limitation of credit will be moderated by the economic recovery and the consequent …

beyond other better-known early warning indicators, such as credit booms. This predictive power, however, only holds in … the short-term popularity benefits of weak credit booms rather than implementing politically costly corrective policies …

beyond other better-known early warning indicators, such as credit booms. This predictive power, however, only holds in … the short-term popularity benefits of weak credit booms rather than implementing politically costly corrective policies …

States, the paper shows that, following the Reserve Bank of India's aggressive monetary easing measures, bank credit growth …

Yes, they can. I propose a new method to detect credit booms and busts from multivariate systems -- monetary Bayesian … vector autoregressions. When observed credit is systematically higher than credit forecasts justified by real economic … activity variables, a positive credit gap emerges. The methodology is tested for 31 advanced and emerging market economies. The …

This paper analyses the effect of asset prices on credit growth in France and tries to disentangle credit demand and … period, but without credit supply factors being singled out. By contrast, housing price growth has a significant effect … during periods of financial instability only, even after controlling for credit demand effects. These results show that …

We develop a model of bank lending that allows for credit rationing in equilibrium. Recognizing that small firms incur … a higher percentage cost of monitoring than large firms, the model shows that the incidence of bank credit rationing … consistent with a pattern of a differentially greater degree of rationing of credit to small borrowers during the Great Recession …