We show that firms' credit market experience determines their perception of aggregate bank lending policy using panel …

Periods of excessive credit growth can imply emergence of systemic financial stress which may result in financial … crisis causing severe losses in the real economy. The base indicators of overheatedness in the credit markets are the … expansion of the credit-to-GDP ratio and its deviation from its long-term trend, the credit-to-GDP gap. When calculating the …

We explore the structural drivers of bank and nonbank credit cycles using an estimated medium-scale macro model that … potentially drive bank and nonbank credit growth. We find that sectoral shocks affecting the balance sheets of entrepreneurs who … borrow from the financial sector are important for the business cycle frequency fluctuations in bank and nonbank credit …

The Current Expected Credit Loss (CECL) framework represents a new approach for calculating the allowance for credit … losses. Credit cards are the most common form of revolving consumer credit and are likely to present conceptual and modeling … challenges during CECL implementation. We look back at nine years of account-level credit card data, starting with 2008, over a …

tightening of credit terms when firms experience shocks. …

-dealers when they are more profitable. These results allow for a better understanding of banks' credit risk management. …

. The banking system generates longer credit cycles on the time series compared to the business cycle, and also fosters … growth through lending, but deepens the recession during crises by decreasing credit supply. Macroprudential authority uses …

This paper examines the effects of Islamic banking on the causal linkages between credit and GDP by comparing two sets … analysis provides evidence of long-run causality running from credit to GDP in countries with Islamic banks only. This is …