This paper focuses on policy measures taken to curb the private sector credit growth in the period 2003-2008. Our … applied were effective in slowing down the credit growth. Deriving from country experiences, the paper argues that in order to … domestic environment and role of foreign banks in the CEE region. -- Credit growth ; monetary policy ; macroprudential policy …

To measure the real effects of credit-supply disruptions during financial crises, we develop a quantitative model of …, census-type panel dataset for manufacturing firms and find that the contraction in credit supply during the Greek Depression … and uncertainty. Our empirical framework does not require cross-sectional variation in credit-supply conditions to …

sharp fluctuations in asset prices, credit and capital flows can have dramatic impact on the financial positions of …

credit and hence reducing economic activity. However, in comparison to the prior works, we find that the externality is … results also shed some light on the fact that credit creation substantially affects economic activity and macroeconomic … stability, as the fundamental reason leading to our results. Therefore, the bank as the driver of credit creation is crucial in …

The complexity of credit money is seen as the central issue in the banking-macro nexus, which the author considers as a … of credit rules shapes economic networks between households, firms, banks, governments and central banks in space and … in agent-based models of the banking-macro nexus. -- 20th century origins of the theory of money ; Schumpeterian credit …

The paper inspects the credit impact of policy instruments that are commonly applied to contain systemic risk. It …, borrower-based measures, caps on long-term maturity and exchange rate mismatch, and asset-based capital requirements on credit …