Showing 1 - 10 of 12,109
This paper examines the effectiveness of macroprudential regulations in promoting bank stability and credit in the … Kenyan financial system. The study uses bank-level and nonbank credit data for the period 2001-2019 and applies a panel … credit market and domestic leakage associated with macroprudential regulations. The paper cautions policymakers to implement …
Persistent link: https://www.econbiz.de/10012596050
the period 2003Q1-2019Q4 with a special emphasis on credit conditions. With the help of this model, monetary policy … determining the relative weight of these states over time. We show that shocks to the credit spread and shocks to credit standards … directly lead to a reduction of real GDP growth, whereas shocks to the quantity of credit are less important in explaining …
Persistent link: https://www.econbiz.de/10012320523
the period 2003Q1–2019Q4 with a special emphasis on credit conditions. With the help of this model, monetary policy … determining the relative weight of these states over time. We show that shocks to the credit spread and shocks to credit standards … directly lead to a reduction of real GDP growth, whereas shocks to the quantity of credit are less important in explaining …
Persistent link: https://www.econbiz.de/10012383710
the period 2003Q1-2019Q4 with a special emphasis on credit conditions. With the help of this model, monetary policy … determining the relative weight of these states over time. We show that shocks to the credit spread and shocks to credit standards … directly lead to a reduction of real GDP growth, whereas shocks to the quantity of credit are slightly less important in …
Persistent link: https://www.econbiz.de/10013328355
This paper analyzes the effects of several policy instruments to mitigate financial bubbles generated in the banking sector. We augment a New Keynesian macroeconomic framework by endogenizing boundedly-rational expectations on asset values of loan portfolios and allow for interbank trading. We...
Persistent link: https://www.econbiz.de/10012892165
loan portfolios, allow for interbank trading and show how a credit bubble can develop from a financial innovation. We then …
Persistent link: https://www.econbiz.de/10012858317
borrowers to reduce credit risk. In addition, we found a one-for-one relationship between firm equity risk and C&I loan spread …
Persistent link: https://www.econbiz.de/10013462030
loan portfolios, allow for interbank trading and show how a credit bubble can develop from a financial innovation. We then …
Persistent link: https://www.econbiz.de/10012132559
Banking credit to the private sector in Latin America has on average increased by 7 percent of GDP from primo 2004 to … ultimo 2011, with real credit in some countries growing by up to 20 percent per year. This paper documents and analyzes the … patterns of credit growth in 18 countries in Latin America and uses econometric methods to determine whether it is indicative …
Persistent link: https://www.econbiz.de/10013080862
credit offered to firms, and requiring the intermediaries to raise further funds by paying the cost to issue equity. This … are characteristic of the credit crunches observed in the data. …
Persistent link: https://www.econbiz.de/10011777841