A Credit Crunch? : A Case Study of Finland in the Aftermath of the Banking Crisis /
This paper estimates a disequilibrium model of credit supply and demand to evaluate whether there was a credit crunch in Finland following the banking crisis of 1991-92. Empirical analysis suggests that the marked reduction in bank lending was mainly in reaction to a cyclical decline in credit deman...
Autor Principal: | |
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Formato: | Revista |
Idioma: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
1996.
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Series: | IMF Working Papers; Working Paper ;
No. 1996/135 |
Acceso en liña: | Full text available on IMF |