regulators use to judge whether individual institutions are meeting the credit and service needs of low- and moderate-income (LMI …

Equilibrium credit is an important concept because it helps identify excessive credit provision. This paper proposes a … two-stage approach to determine equilibrium credit. It uses two stages to study changes in the demand for credit due to …-income countries over the period 1980-2010, this paper provides empirical evidence that the credit-to-GDP ratio is inappropriate to …