-2009 output collapse. To this end, we use three variables: credit stock, credit flow and money supply M1. We find that the changes … in the credit flow, as percentage of GDP, are the most distinctly correlated with the GDP rate. During the growth … recovery, the credit flow tends to rise in six of the surveyed countries, although the credit stock declines in some cases. On …

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 …

This paper tests the existence of political credit cycles, the positive co-movement between credit and elections. While … support for this relationship has been found in some single-country studies, the link between electoral cycles and credit …-bank credit in 165 countries from 1960 to 2013, we show that both government and private credit significantly increase in election …

bank-specific factors. The purpose of this study is to detect homogeneous credit risk groups by geographical locations … diversified investment strategies by reducing the overall risk of the credit portfolios …

a severe default crisis. In this study, we review the existing literature and provide new evidence supporting the credit … supply view of the episode, which holds that an increase in credit supply unrelated to fundamental improvements in income or … productivity was the shock that initiated the household debt boom and bust. The credit supply view is supported by four facts …

-Keynesian analysis of credit institutions will help us determine new solutions for economic policy aiming at full employment. Following … rather a practical reflection on the optimal economic policies resting on an in-depth understanding of money and credit …