Search Results - subject:"Credit Composition"

The effect of credit composition on entrepreneurship

Aghdam, Ali Nassiri; Behdarvand, Shahin; Sheshdeh, … - In: Latin American journal of central banking : LAJCB 4 (2023) 4, pp. 1-21

In this study, we aim to assess the relevance of credit composition to entrepreneurship empirically in light of the … composition on entrepreneurship in 54 high- and middle-income economies from 2001 to 2016. To capture credit composition, we … entrepreneurship. The results indicate that credit composition is important for both high- and middle-income economies, but the …

Persistent link: https://www.econbiz.de/10014496880

The Credit Composition of Global Liquidity

Herwartz, Helmut; Ochsner, Christian; Rohloff, Hannes - 2021

We conceptualize global liquidity as global monetary policy and credit components by means of a large-scale dynamic factor model. Going beyond previous work, we decompose aggregate credit components into credit supply and demand flows directed at businesses, households and governments. We show...

Persistent link: https://www.econbiz.de/10012543696

Global Credit Shocks and Real Economies

Herwartz, Helmut; Ochsner, Christian; Rohloff, Hannes - 2021

We estimate the marginal effects of identified components of global liquidity on 43 real economies. To this end, we employ global public and private credit components of Herwartz, Ochsner, and Rohloff (2021) in factor-augmented vector-autoregressions to trace credit shocks through the real...

Persistent link: https://www.econbiz.de/10012543697

The credit composition of global liquidity

Herwartz, Helmut; Ochsner, Christian; Rohloff, Hannes - 2021

Persistent link: https://www.econbiz.de/10012543579

Global credit shocks and real economies

Herwartz, Helmut; Ochsner, Christian; Rohloff, Hannes - 2021

Persistent link: https://www.econbiz.de/10012543597

The credit composition of global liquidity

Herwartz, Helmut; Ochsner, Christian; Rohloff, Hannes - 2020

We conceptualize global liquidity as global monetary policy and credit components by means of a large-scale dynamic factor model in the spirit of Eickmeier,Gambacorta, and Hofmann (2014). Going beyond previous work, we decompose aggregate credit components into credit supply and demand flows...

Persistent link: https://www.econbiz.de/10012319104

The credit composition of global liquidity

Herwartz, Helmut; Ochsner, Christian; Rohloff, Hannes - 2020

Persistent link: https://www.econbiz.de/10012318308

Does credit composition have asymmetric effects on income inequality? New evidence from panel data

Seven, Ünal; Kilinc, Dilara; Coskun, Yener - In: International Journal of Financial Studies 6 (2018) 4, pp. 1-15

This paper studied the effects of credit to private non-financial sectors on income inequality. In particular, we focused on the distinction between household and firm credits, and investigated whether these two types of credit had adverse effects on income inequality. Employing cross-section...

Persistent link: https://www.econbiz.de/10011996155

Does credit composition have asymmetric effects on income inequality? : new evidence from panel data

Seven, Ünal; Kilinc, Dilara; Coskun, Yener - In: International Journal of Financial Studies : open … 6 (2018) 4, pp. 1-15

Persistent link: https://www.econbiz.de/10011964059

‘In the Short Run Blasé, in the Long Run Risqué’. On the Effects of Monetary Policy on Bank Credit Risk-Taking in the Short versus Long Run

Jiménez, Gabriel; Ongena, Steven; Peydró, José-Luis; … - In: Schmalenbach Business Review 18 (2017) 3, pp. 181-226

We identify the impact of short-term interest rates on credit risk-taking in the short and long run by analyzing a comprehensive credit register from Spain, a country where for the last twenty years monetary policy was mostly decided abroad. Duration analyses show that lower overnight rates...

Persistent link: https://www.econbiz.de/10012210869