elevated shares of foreign currency deposits and credit in the banking system, remains common in developing economies. We study … the impact of financial dollarization, differentiating across foreign currency deposits and credit on financial depth …

elevated shares of foreign currency deposits and credit in the banking system, remains common in developing economies. We study … the impact of financial dollarization, differentiating across foreign currency deposits and credit on financial depth …

International comparisons reveal that - even controlling for a host of explanatory factors - credit depth is … exceptionally low in Mexico. Using panel data methods linking credit growth and fundamentals, this paper estimates a long-term gap … between actual and expected credit of about 40 percent of GDP. Possible explanations include the history of banking crises …

This paper explores the long-run effects of inflation on the dynamics of private sector bank credit and economic growth … private sector bank credit in the economy exerts a positive impact on real GDP. In addition, inflation rates have contributed … negatively to the increase in private credit, liquid liabilities, and financial development. A key outcome is that one percent …

Banking credit to the private sector in Latin America has on average increased by 7 percent of GDP from primo 2004 to … ultimo 2011, with real credit in some countries growing by up to 20 percent per year. This paper documents and analyzes the … patterns of credit growth in 18 countries in Latin America and uses econometric methods to determine whether it is indicative …