Showing 1 - 10 of 143,114
This paper analyses the effect of asset prices on credit growth in France and tries to disentangle credit demand and … period, but without credit supply factors being singled out. By contrast, housing price growth has a significant effect … during periods of financial instability only, even after controlling for credit demand effects. These results show that …
Persistent link: https://www.econbiz.de/10011242234
In this paper, we analyze credit growth in Sub-Saharan Africa over the past decade focusing on the post-2002 rapid … credit growth in select countries. We develop regression models of the fundamental determinants of bank credit and use them … to examine whether they can fully explain developments in rapid credit growth countries. We then argue that rapid credit …
Persistent link: https://www.econbiz.de/10008528619
suggest that strong monetary reactions to accelerator mechanisms that push up credit growth and asset prices could help … macroeconomic stability. In addition, using a macroprudential instrument designed specifically to dampen credit market cycles would …
Persistent link: https://www.econbiz.de/10008460598
The volume of credit extended by a bank can be an informative signal of its abilities in loan selection and management … uncertainty associated with new technology may lead to large jumps in equilibrium outcomes. Prudential measures and supervision …
Persistent link: https://www.econbiz.de/10005264102
The paper assesses the impact of fiscal spillovers on growth in the context of a coordinated exit from crisis management policies. We find that despite potentially sizeable domestic effects from consolidation, aggregate negative spillovers to other countries are likely to be contained in...
Persistent link: https://www.econbiz.de/10009293784
-market economies, including a bank-credit channel and the role of external debt accumulation on country risk premia and exchange rate …
Persistent link: https://www.econbiz.de/10005263748
This paper examines the impact of interest rates and inflation on bank loans and investment within a framework that mimics the financial sectors prevailing in most low-income developing countries. The paper emphasizes the importance of treating the lending and deposit rates of interest as...
Persistent link: https://www.econbiz.de/10005605233
Persistent link: https://www.econbiz.de/10010790464
Despite robust deposit growth, credit growth has been sluggish in the Philippines. We attribute this to legacy …
Persistent link: https://www.econbiz.de/10010790364
Since the early 1990s, credit expanded relative to income, especially after 2001. It is hypothesized that traditionally … uneven credit access and gaps in the costs of credit by demographic characteristics shrank during this period. Relying on … data from the Federal Reserve’s Survey of Consumer Finance, this study looks at financial constraints, the costs of credit …
Persistent link: https://www.econbiz.de/10009467885