The Kenyan credit market is characterised by imperfections that manifest themselves in imbalances in the form of credit … gaps where supply deviates from its long-run trend. This paper extends the analysis of the credit market adjustment process … that closes the credit gap by estimating a Seemingly Unrelated regression (SUR) model. The empirical results show that the …

deregulation and estimate a large impact of this credit boom on asset prices. However, this direct effect---the focus of most …

Using different credit measures, this study identifies the credit booms in Turkey that have occurred after December … of a credit boom are the changes in the slope of the yield curve, reel exchange rate, US interest rate and net capital …

panel of data on Australian Authorized Deposit-Taking Institutions (ADIs), we show that the supply of credit is vulnerable …

We investigate the role played by the credit supply shock across the business cycle in the U.S. over the period 1973 … credit supply shock triggers asymmetric and negative effects on macroeconomic variables. We find that the state …