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...

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Bibliografski detalji
Glavni autor: Pazarbasioglu, Ceyla
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 1996.
Serija:IMF Working Papers; Working Paper ; No. 1996/135
Online pristup:Full text available on IMF