We study the characteristics of credit booms in emerging and industrial economies. Macro data show a systematic … relationship between credit booms and economic expansions, rising asset prices, real appreciations and widening external deficits …. Micro data show a strong association between credit booms and leverage ratios, firm values, and banking fragility. We also …

Minsky, which attributes financial crisis to credit-intensive booms. This paper investigates the relationship between credit … growth and the probability of a banking crisis based on country-level panel data. We use two data sets, one containing data … data on global countries from 1969 to 2017 from the World Bank. We discover a U-shaped relationship between credit growth …

This study investigates the impacts of credit supply on economic growth and financial crisis. Excess credit supply can … make the economy and financial markets more vulnerable. While credit supply can drive economic growth by reallocating … in the case of a negative shock to the financial or real sector in a system where credit is excessively supplied …