also curb output growth by affecting credit supply and investment. Using data for a panel of 64 advanced and emerging …

The complexity of credit money is seen as the central issue in the banking-macro nexus, which the author considers as a … of credit rules shapes economic networks between households, firms, banks, governments and central banks in space and … in agent-based models of the banking-macro nexus. -- 20th century origins of the theory of money ; Schumpeterian credit …

that well-functioning credit markets would reflect a bank channel for monetary policy at work, we test whether a change in … and the associated change in interest rate does not affect change in bank credit, change in total debt and the proportion … of bank credit in total debt for any of the firms. We discuss the policy implications of the findings. …

Non-performing loans (NPLs) are a burden for both lender and borrower; they contract credit supply, distort allocation … of credit, worsen market confidence and slow economic growth. So what is the best way to deal with them? This paper … while countries that experience an influx of fresh credit grow the fastest, the economies that actively seek to resolve NPLs …