Assessing when credit is excessive is important to understand macro-financial vulnerabilities and guide macroprudential … policy. The Basel Credit Gap (BCG) - the deviation of the credit-to-GDP ratio from its long-term trend estimated with a one … warning of banking crises. However, for a number of European countries this indicator implausibly suggests that credit should …

. It argues that the main indicator for buffer decisions under the Basel III framework, the credit-to-GDP gap, does not …

Using data from Argentina, Australia, Colombia, El Salvador, Peru, and the United States, we identify three types of … of credit risk to changes in economic activity in boom periods …

indicators of credit risk and bank soundness are primarily influenced by macroeconomic and macroprudential factors and that the … direct influence of compliance with Basel Core Principles on credit risk and soundness is insignificant. BCP compliance could …

This study analyzes foreign investment in Colombia’s financial system, chronicling major changes in legislation … estimations reveal that financial liberalization in general had a beneficial impact on bank behavior in Colombia. Although the …

became known as the Chicago Plan. It envisaged the separation of the monetary and credit functions of the banking system, by … better control of a major source of business cycle fluctuations, sudden increases and contractions of bank credit and of the …