The Brazilian economy has undergone profound changes since the early 1970s. During this time, the external and internal economic conditions significantly altered. The two oil shocks, changes of the interest rates on the international capital markets, the following debt crisis, terms of trade...

This paper addresses the credit channel in Germany by using aggregate data. We present a stylized model of the banking firm in which banks decide on their loan supply in light of uncertainty about the future course of monetary policy. Applying a vector error correction model (VECM), we estimate...

In modern macroeconomic models it is difficult to obtain explosive price bubbles on assets with positive net supply. This paper shows that it is possible to obtain explosive bubbles in certain situations when assets such as land are used as collateral and lenders are willing to lend freely...

In monetary models in which agents are subject to trading shocks there is typically an ex-post inefficiency in that some agents are holding idle balances while others are cash constrained. This inefficiency creates a role for financial intermediaries, such as banks, who accept nominal deposits...

The link between aggregate profits and investment has been widely analysed through the impact of profits on net worth and therefore the firm's ability to borrow, in the presence of credit market imperfections. How the business cycle is affected if profits also affect investment through an impact...

The recent financial crisis has put the spotlight on the rapid rise in credit which preceded it. In this paper, we provide an empirical and theoretical analysis of the credit boom and the macroeconomic context in which it developed. We find that the boom was unusually long and associated with...

With increasing numbers of young people participating in higher education in Ireland and a heavy reliance of higher education institutions on state funding, the introduction of an alternative finance system for Ireland has been muted over the past number of years. However, no study has been...

In providing motorcycle credit, the company has several criteria that are used as an assessment of credit applicants. Assessment is sometimes not very accurate because errors can occur due to data treated many human capabilities are limited while the credit applicant is selected as a result...

This research titled "Analysis of Influence of Credit and Interest Rate Increase Economic Growth in Disability Sumatera Utara Pada PT. Bank Sumut Year 1989-2008. " This research uses a sample of 20 years. The purpose of this research is to determine the influence of credit and interest rate of...

The tittle of the study investigators that “Comparative Analysis of the influence of the Loan Interest Rate to Total Loans and Financing at the Conventional Banks and Islamic Banking in Indonesia”. The purpose of this study is to analyze how much influence caused loan interest rate to amount...