This paper examines the effects of Islamic banking on the causal linkages between credit and GDP by comparing two sets … analysis provides evidence of long-run causality running from credit to GDP in countries with Islamic banks only. This is …

The Czech Republic had experienced a credit boom similar to those in other converging economies in the pre-crisis years …. Nevertheless, the consequences of this credit boom were limited as was the impact of the global crisis on domestic financial … tame credit booms in small converging economies, a concerted set of microprudential and macroprudential measures, including …

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 …