business credit further expansion slows rather than boosts growth. Causality from more credit to slower growth is supported by … exogenous variation in financial size. The empirical analyses point to five factors that link more credit to slower growth: i …) excessive financial deregulation, ii) a more pronounced increase in credit issuance by banks than other intermediaries, iii) too …

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 … increase in inflation is associated with a 0.07 % fall in long-run real rate of output through its effect on bank credit to the …

between productivity and bank credit in the context of different financial market set-ups, we introduce a model of overlapping … and Italy to explore the relation between bank credit and productivity following the main derivations of the model. We … estimate an extended set of elasticities of bank credit with respect to a series of productivity measures of firms. We focus …

business credit further expansion slows rather than boosts growth. Causality from more credit to slower growth is supported by … exogenous variation in financial size. The empirical analyses point to five factors that link more credit to slower growth: i …) excessive financial deregulation, ii) a more pronounced increase in credit issuance by banks than other intermediaries, iii) too …

This paper provides robust evidence that the home country identity of a foreign-owned bank is an important … consideration for credit growth. Among the set of foreign-owned banks we find significant differences in loan growth between banks …