This paper aims to shed light on the characteristics and particularly the determinants of credit-less recoveries. After … building a dataset and documenting some stylised facts of credit-less recoveries in emerging market economies, this paper uses … panel probit models to analyse key determinants of credit-less recoveries. Our main findings are the following. First, our …

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 …

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 …

euro debt crisis era, focuses on addressing the co-movement of credit risk measured by Credit Default Swap (CDS) spreads in …

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

This paper aims to shed light on the characteristics and particularly the determinants of credit-less recoveries. After … building a dataset and documenting some stylised facts of credit-less recoveries in emerging market economies, this paper uses … panel probit models to analyse key determinants of credit-less recoveries. Our main findings are the following. First, our …

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 …