This paper identifies credit booms in 11 Euro Area countries by tracking private loans from the banking sector. The … threshold methods does not allow to catch credit booms in real-time data. Thus, an early warning model is employed to predict … the explosive dynamics of credit through several macro-financial indicators. The model catches a large part of the in …

The idea that credit is important has gained importance in the contemporary macroeconomic theory. However, almost all … differentiate between the monetary and the real economy in the long run. This paper proposes a relationship between credit … restrictions and financial crisis based on postkeynesian theory. In this context, credit rationalization appears as a natural …

persons based on a core set of harmonised concepts and definitions. Starting with reference data from September 2018, credit …) individual credit exposures falling within the reporting scope. The reporting framework is the outcome of in-depth discussions … Regulation, AnaCredit will, already in Stage 1, significantly enhance the value for analysis on credit and credit risk in the …

Empirical credit demand analysis undertaken at the aggregate level obscures potential behavioral heterogeneity between … the credit cycle with respect to interest rates, output and house prices is found. The results motivate sector …

persons based on a core set of harmonised concepts and definitions. Starting with reference data from September 2018, credit …) individual credit exposures falling within the reporting scope. The reporting framework is the outcome of in-depth discussions … Regulation, AnaCredit will, already in Stage 1, significantly enhance the value for analysis on credit and credit risk in the …

Empirical credit demand analysis undertaken at the aggregate level obscures potential behavioral heterogeneity between … sectors and the credit cycle with respect to interest rates, output and house prices. The results motivate sector …

euro area as a whole and in its five largest countries. In a Bayesian VAR framework, the two credit supply shocks are … for business cycles. For the euro area, the explanatory power of the two credit supply shocks for GDP growth variations is …

euro area as a whole and in its five largest countries. In a Bayesian VAR framework, the two credit supply shocks are … for business cycles. For the euro area, the explanatory power of the two credit supply shocks for GDP growth variations is …

policy interest rate cuts and unconventional policy measures to higher asset prices and lower cost of credit in and outside … willingness to supply credit. The paper also stresses that the monetary accommodation risks having unintended negative … conventionnelles de politique monétaire à des prix d’actifs plus élevés et un coût du crédit plus faible à l’intérieur et à l …