changes in financial intermediaries' balance sheets for the supply of credit, liquidity and asset prices, and, consequently …

The rapid increase in credit in an economy is now commonly perceived to be one of the leading indicators of financial … policy response has been to focus on the ratio of private sector credit to GDP for an economy, observing, in particular …-state relationship between private sector credit and GDP in the case of Ireland, a country which, even by international standards …

global credit gap, while global credit growth consistently and significantly increases the probability of a future banking …

of other determinants of expansions in credit to income and test whether the causal relationships are sensitive to … different measures of credit. We find that top income shares significantly affect future credit to income of the private … household sector. The test statistics reveal that the effect of top income shares is weaker for bank credit to the private non …

question, we identify the compositional changes in banks’ supply of credit using the variation in their holdings of residential …

To study the impact of macroprudential policy on credit supply cycles and real effects, we analyze dynamic provisioning … differentially. We find that dynamic provisioning smooths credit supply cycles and, in bad times, supports firm performance. A 1 … percentage point increase in capital buffers extends credit to firms by 9 percentage points, increasing firm employment (6 …

The credit increased expressive and continuously throughout the Lula government, even after the 2008 crisis. This study … legislation as well as financial innovations, in a favorable macroeconomic context, affected credit and contributed to explain the … increase of supply of credit with free resources between 2004 and 2008. In 2009 and 2010 deliberate government decision to …

For more than seven years interest rates have remained on historically low levels. Yet both credit growth and the … structural factors and policies that dampen the risk of escalating prices and credit expansion on the German housing market. …