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Does supply or demand drive the credit cycle? : evidence from Central, Eastern, and Southeastern Europe /

Countries in Central, Eastern, and Southeastern Europe (CESEE) experienced a credit boom-bust cycle in the last decade. This paper analyzes the roles of demand and supply factors in explaining this credit cycle. Our analysis first focuses on a large sample of bank-level data on credit growth for the...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor Corporativo: International Monetary Fund. European Department
Otros Autores: Everaert, G. (Greetje)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, ©2015.
Colección:IMF working paper ; WP/15/15.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Cover; Abstract; Contents; I. Introduction; II. Regional Bank-Level Panel Analysis; III. Case Studies; Montenegro; Lithuania; Latvia; Poland; Romania; IV. Conclusion; References; Appendixes; I. Data Used in the Panel Regression; II. Case Study Summary Statistics and Narratives; III. Description of Variables of Disequilibrium Model; IV. Fit of Model; Montenegro; Lithuania; Latvia; Poland; Romania; V. Robustness Check on Significance of Excess Supply; Montenegro & Lithuania; Latvia; Poland; Romania.