Domestic Credit and Economic Growth across Europe [Creditarea internă şi creşterea economică în Europa]

Following the credit boom which ended with the global crisis, most of the European economies have faced a credit crunch which strongly affected economic growth. In its turn, growth slowdown has hindered credit recovery, generating a vicious circle. This paper explores the causal relationship between domestic credit and domestic product, for a sample of European countries (2004-2013).

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Year of publication:	2014
Authors:	Dan, Olteanu
Published in:	Revista OEconomica. - Societatea Romana de Economie - SOREC. - 2014, 03
Publisher:	Societatea Romana de Economie - SOREC
Subject:	credit \| money supply \| economic growth

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Extent:	application/pdf
Type of publication:	Article
Classification:	E32 - Business Fluctuations; Cycles ; E41 - Demand for Money ; E51 - Money Supply; Credit; Money Multipliers
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011168483