Showing 1 - 10 of 15
We examine the risks to bank soundness associated with credit booms in a large set of countries. Using bank-level data in 90 countries between 1995 and 2005, we analyze the relationship between credit growth and bank soundness taking into account the potential two-way causality. We find that,...
Persistent link: https://www.econbiz.de/10014397410
This paper examines risks to bank soundness associated with rapid credit growth in a large set of countries. At a conceptual level, bank soundness may weaken during episodes of fast credit growth because of capacity constraints or competitive pressures as banks make riskier loans in order to...
Persistent link: https://www.econbiz.de/10013121238
We examine the characteristics and comovement of cycles in house prices, credit, real activity and interest rates in advanced economies during the past 25 years, using a dynamic generalized factor model. House price cycles generally lead credit and business cycles over the long term, while in...
Persistent link: https://www.econbiz.de/10013155281
We examine how the cost of corporate credit varies around fiscal consolidations aimed at reducing government debt. Using a new dataset on fiscal consolidations and syndicated corporate loan data, we find that loan spreads increase with fiscal consolidations, especially for small firms, domestic...
Persistent link: https://www.econbiz.de/10013086310
We examine how the cost of corporate credit varies around fiscal consolidations aimed at reducing government debt. Using a new dataset on fiscal consolidations and syndicated corporate loan data, we find that loan spreads increase with fiscal consolidations, especially for small firms, domestic...
Persistent link: https://www.econbiz.de/10014395407
We examine the risks to bank soundness associated with credit booms in a large set of countries. Using bank-level data in 90 countries between 1995 and 2005, we analyze the relationship between credit growth and bank soundness taking into account the potential two-way causality. We find that,...
Persistent link: https://www.econbiz.de/10013113317
Persistent link: https://www.econbiz.de/10003920312
Persistent link: https://www.econbiz.de/10010349279
Persistent link: https://www.econbiz.de/10009419708