that stressed credit conditions are an important factor constraining the pace of recovery. In particular, using industry …

This paper assesses how various types of financial risk such as credit risk, market risk, and liquidity risk affect … supervisory standards on banks' risk profile across different country clusters. Credit quality is of general concern especially in … circumstances where credit growth is accelerating. …

We document the behavior of macro and credit variables during episodes of capital inflows reversals in economies with … different degrees of exchange rate flexibility. We find that exchange rate flexibility is associated with milder credit growth … during the boom but, even though smaller than in more rigid regimes, it cannot shield the economy from a credit reversal …