beyond other better-known early warning indicators, such as credit booms. This predictive power, however, only holds in … the short-term popularity benefits of weak credit booms rather than implementing politically costly corrective policies …

beyond other better-known early warning indicators, such as credit booms. This predictive power, however, only holds in … the short-term popularity benefits of weak credit booms rather than implementing politically costly corrective policies …

beyond other better-known early warning indicators, such as credit booms. This predictive power, however, only holds in … the short-term popularity benefits of weak credit booms rather than implementing politically costly corrective policies …

We conceptualize global liquidity as global monetary policy and credit components by means of a large-scale dynamic … credit components into credit supply and demand flows directed at the public (governments) and private sector (businesses and … sector credit supply is best understood as a safe-haven lending factor from an investors perspective, lenders supply the …

We conceptualize global liquidity as global monetary policy and credit components by means of a large-scale dynamic … factor model. Going beyond previous work, we decompose aggregate credit components into credit supply and demand flows … liquidity considerably. Whereas global government sector credit supply is best understood as a safe-haven lending factor from an …

suitable for modelling country or regional linkages, is used to first assess the contribution of credit and asset price … could be related. Overall, the paper shows that the importance of credit and asset price variables in explaining real …

domestic credit equilibrium in 33 emerging economies between 2002 and 2015. Through two system-GMM estimators, our study shows … that inward FDIs have a booming effect on the domestic credit in emerging market economies while the trade openness … credit suggesting a particular policy. …

We analyse the cross-country dimension of financial cycles by studying cyclical co-movements in credit, house prices … interest rates and equity prices to be at least as synchronised as cycles in real GDP while cycles in credit and house prices … a larger share of the volatility of these variables at the country level than common cycles in credit aggregates and …

earlier ones, including the presence of credit and asset price booms fueled by rapid debt accumulation. Second, how different …