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The paper estimates the effects on the real economy of the sharp reduction in the supply of credit following the 2008 … financial crisis. We develop a measure of local credit supply that is based on the market shares of the banks that serve a local … economy and the national change in each bank's lending that is attributable to supply factors (i.e. Purged of local demand …
Persistent link: https://www.econbiz.de/10012992536
data from the Credit Register at the Bank of Italy for the period 2007-2009, we find that women-owned firms faced a more …During the financial crisis banks faced liquidity shocks, and lending slowed down. The reduction in credit availability … needs; on the other hand, the tightening of credit supply was the result of banks' greater risk-aversion, difficulties in …
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the 1997/1998 financial crisis experience, bank depositors have trusted Islamic banking to be more resilient in facing …
Persistent link: https://www.econbiz.de/10013110065
The global economic crisis began in 2008 has had major negative effects the economies of all countries in the world … of the Central Bank of Turkey; and some additional measures taken by banks in the process of the global economic crisis …
Persistent link: https://www.econbiz.de/10013097506
Recoveries that occur in the absence of credit growth are often dubbed miracles and named after mythical creatures. Yet … impaired financial intermediation is the culprit. Creditless recoveries are more common after banking crises and credit booms …
Persistent link: https://www.econbiz.de/10013128396
The paper quotes leading Islamic Economists who are saying that the field of Islamic Economics has gone astray, and abandoned the original vision and mission of the founders. In this article we argue that the main reason for the current crisis is that most Muslim economists have accepted too...
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