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Romer (2000) provides an alternative model to the AS/AD and IS/LM models that abandons the LM schedule by having the short-term interest rate set by the central bank. His framework acknowledges the critical role of the central bank in determining short-term interest rates, which moves mainstream...
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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 …
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The aim of this paper is analyzing the evolution of the Brazilian credit market from 2003 to 2011 and its impact on … determinants and the general trends of the banking credit market between December 2003 and December 2011, while the third section …
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