estimate a credit condition index (CCI). The credit conditions index represents changes in the supply of credit over time … financial futures, options, swaps, securitized loans and synthetic securities which allowed for easy access to credit for … financial intermediaries, (2) more sophisticated risk management, for example improved initial credit scoring, (3) changes in …

suitable for modelling country or regional linkages, is used to first assess the contribution of credit and asset price … could be related. Overall, the paper shows that the importance of credit and asset price variables in explaining real …

's current account dilemma is not in fact a dilemma, because the creation of additional US dollars requires dollar credit …

empirical evidence, based on panel time series and time series data, shows that more broad access to financial and credit … only because the poor can invest the acquired credit in all sorts of productive activities, but also because those with … extreme inflation rates. The main implication of the results is that a seemingly non-distortionary policy, such as more credit …