- Data from 135 countries covering five decades suggests that creditless recoveries, in which the stock of real credit … financially undeveloped. European economies heavily depend on bank loans and research suggests that loan supply played a major … role in the recent weak credit performance of Europe. There are reasons to believe that, despite various efforts, normal …

The study investigates effectiveness of selected credit related macro prudential instruments in reducing the … correlation between economic and credit growth in European emerging countries between 2000 and 2017. Two GMM (Generalized Method … findings confirm our expectation about effectiveness of the selected credit related macroprudential instruments in reducing …

question, we identify the compositional changes in banks' supply of credit using the variation in their holdings of residential …