Kiss, Gergely (contributor); Nagy, Márton (contributor); … - 2006
intermediation, economic growth and cycles 7
Determinants of equilibrium level of credit 8
3. Credit boom 10
Main reasons 10
Possible … WORKING PAPERS · 2006/106
In this section we review some theoretical explanations of credit development, then overview the ….
FINANCIAL INTERMEDIATION, ECONOMIC GROWTH AND CYCLES
At a theoretical level, credit growth can be separated into three …